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LUA-06-132_Misc
• ll TICOR TITLE COMPANY 600 SW 39th Street, Ste 100, Renton, WA 98055 (425)255-7575 FAX (425)255-0285 Toll Free Number: l-800-215-8404 COMMITMENT FOR TITLE INSURANCE NO. 6373570-1 INQUIRIES SHOULD BE MADE TO: UNIT 1 (425)255-7472 Donna Roetter Arlene Naputi Unit1.Renton@TicorTitle.com Effective Date: June 19, 2006 at 08:00 AM 1. Policy or policies to be issued: 1992 AL TA Owner's Policy Coverage: Liability: Homeownerrs $ 0.00 SCHEDULE A Premium: $ 0.00 TO FOLLOW Tax: $ 0.00 Proposed Insured: TO FOLLOW Customer Reference: Ott! If AL TA Standard Coverage Policy is preferred, please contact the title unit. The reduced premium for a Standard Coverage Policy is to be determined. 1992 AL TA Loan Policy Coverage: Extended Liability: $ 0.00 Premium: $ 0.00 TO FOLLOW Tax: $ 000 Proposed Insured: TO FOLLOW 2. The estate or interest in the land described or referred to in this commitment and covered herein is a Fee Simple 3 TICOR TITLE COMPANY agrees to issue on request and on recording of appropriate documents, its policy or policies as applied for, with coverage as indicated, based on the preliminary commitment; title to the property described herein is vested, on the date shown above, in: Robert P. Ott and Renee L. Ott, husband and wife sub1ect only to the exceptions shown herein and to the terms, conditions, and exceptions contained in the policy form. 4 The land referred to in this Commitment is described as follows: SEE SCHEDULE A CONTINUED Commitment Schedule A Commitment No. 6373570-1 LEGAL DESCRIPTION SCHEDULE A CONTINUED The land referred to in this Commitment is described as follows: Tract 15, Plat No 2, Renton Co-Operative Coal Company's Acre Tracts, according to the plat thereof recorded in Volume 9 of Plats, page(s) 27, in King County, Washington; EXCEPT the west 70 feet thereof; AND EXCEPT the east 100 feet thereof. Commitment No. 6373570-1 SCHEDULE B Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company: GENERAL EXCEPTIONS: A. Rights or claims disclosed only by possession. or claimed possession, of the premises. B. Encroachments and questions of location, boundary and area disclosed only by inspection of the premises or by survey. C. Easements, prescriptive rights, rights-of-way, streets, roads, alleys or highways not disclosed by the public records. D. Any lien, or right to a lien, for contributions to employee benefit funds, or for state workers' compensation, or for services, labor, or material heretofore or hereafter furnished, all as impcsed by law, and not shown by the public records. E. Taxes or special assessments which are not yet payable or which are not shown as existing liens by the public records. F. Any service, installation, connection, maintenance, tap, capacity or construction charges for sewer, water, electricity, natural gas or other utilities, or garbage collection and disposal. G. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof. H. Indian tribal codes or regulations. Indian treaty or aboriginal rights, including easements or equitable servitudes. Water rights, claims or title to water. J. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this commitment. SPECIAL EXCEPTIONS: 1. DEED OF TRUST, AND THE TERMS AND CONDITIONS THEREOF: GRANTOR: TRUSTEE: BENEFICIARY: ADDRESS: LOAN NO.: AMOUNT: DATED: RECORDED: RECORDING NO.: Robert P. Ott and Renee L. Ott, husband and wife Chicago Title Insurance Company GreenPoint Mortgage Funding, Inc. 100 Wood Hollow Drive, Novato, CA 94945 Not disclosed $21,500.00 December 17, 2002 December 23, 2002 20021223002590 THE BENEFICIAL INTEREST OF SAID DEED OF TRUST HAS BEEN ASSIGNED: TO: ADDRESS: RECORDING NO. Morequity 600 N. Royal Avenue, Evansville, IN 47715 20030930003050 SAID DEED OF TRUST HAS BEEN SUBORDINATED BY INSTRUMENT: BY AGREEMENT DATED: RECORDED. RECORDING NUMBER: September 22, 2003 September 30. 2003 20030930003051 The above Deed of Trust was made subordinate lo the Deed of Trust recorded under Recording Number(s) 20030930003049. Commitment Schedule 8 Commitment No. 6373570-1 SCHEDULE B (Continued) 2 DEED OF TRUST. AND THE TERMS AND CONDITIONS THEREOF GRANTOR: Robert P. Ott and Renee L. Ott, husband and wife TRUSTEE: Chicago Title Insurance Company BENEFICIARY: Mortgage Electronic Registration Systems, Inc., solely as nominee for GreenPoint Mortgage Funding. Inc. ADDRESS PO Box 2026, Flint. Ml 48501-2026 LOAN NO.: Not disclosed AMOUNT $172,000.00 DATED: September 24, 2003 RECORDED: September 30, 2003 RECORDING NO.: 20030930003049 3 JUDGMENT: AGAINST: IN FAVOR OF: AMOUNT: ENTERED: KING COUNTY JUDGMENT NUMBER: SUPERIOR COURT CAUSE NUMBER: AITORNEYFOR JUDGMENT CREDITOR: Robert Ott HSC Real Estate Inc. $1,855.80 April 29, 2003 0 3-9-061 33-1 03-2-23981-0 Joseph Doyle Puckett The effect of said matter(s) depends upon the identity of the debtor. Please have the confidential information statement(s) attached to this Commitment completed and returned to this office at least three days prior to close in order for the company to make a final determination as to the effect of said matters. 4 General property taxes and special district charges, as follows, together with interest, penalty and statutory foreclosure costs, if any, after delinquency: (1st half delinquent on May 1st; 2nd half delinquent on November 1st) Total Taxes for Year 2006 Amount Billed. $1,953.86 Amount Paid: $976.93 Amount Due: $976 .93 Tax Account Number: 722200-0090-08 Levy Code: 2110 Current Assessed Value: Land: $120,000.00 Improvements: $42,000.00 END OF SPECIAL EXCEPTIONS NOTES: A The language contained in the printed Exceptions from coverage and Conditions and Stipulations of the Policy committed for may be examined by inquiry at the office which issued the Commitment, and a specimen copy of the insurance Policy Form(s) referred to in this Commitment will be furnished promptly upon request. Commitment Schedule B Commitment No. 6373570-1 SCHEDULE B (Continued) B. Investigation should be made to determine if there are any service, installation, maintenance, or connection charges for sewer, water, electricity or Metro Sewer Treatment Capacity Charge. C. In the event the transaction fails to close and this commitment is cancelled, a fee will be charged to comply with the State Insurance Code and the filed schedule of this Company. D. There have been no conveyances of record within the last 24 months other than the deed through which title is claimed. E. Abbreviated Legal for purposes of King County Recorders Office is: Ptn Tract 15, Plat No. 2, Renton Co-Op Coal Co's Acre Tracts, Vol 9/17. F. The records of King County and/or our inspection indicate that the address of the improvement located on said land is: 710 South 23rd Street Renton, WA 98055 A Single Family Residence According to the King County Tax Rolls the dwelling was built in 1940. bm/ga/06/23/2006 END OF SCHEDULE B Commitment Schedule B Commitment No. 6373570-1 COMMITMENT FOR TITLE INSURANCE TICOR TITLE COMPANY, a California corporation, by TICOR TITLE COMPANY, a Washington corporation, its authorized agent, herein called the Company, for a valuable consideration, hereby commits to issue the policy or policies of title insurance, as identified in Schedule A, in favor of the proposed insured named in Schedule A, as owner or mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule A, upon payment of the premiums and charges therefor; all subject to the provisions of Schedules A and Band to the Conditions and Stipulations hereof. This Commitment shall be effective only when the identity of the proposed insured and the amount of the policy or policies committed have been inserted in Schedule A hereof by the Company, either at the time of the issuance of this Commitment or by subsequent endorsement. This Commitment is preliminary to the issuance of such policy or policies of title insurance and all liability and obligations hereunder shall cease and tenminate one hundred eighty (180) days after the effective date hereof or when the policy or policies committed for shall issue, whichever first occurs, provided that the failure to issue such policy or policies is not the fault of the Company. . TICOR TITLE COMPANY By ?!it£~ Authorized Signatory ~ 33 : ./? f ! ' ~ ~ ,, o" + '\r,:J 25 ~. 02!5 2700011' Ol40 2e 1 . 270 :uaso-, 0146 IS 23RD ST ,c 21! AC o" '1.-'l.,l 1~.., 21 -~ ' ' i i 10 002 AC !985: s 1.379 §! '" ' --,i 0120 ~ 0 ::-i-------"'---~~'2)"5,.,,;7.o ___ .. ,~9.;'~·;;.';;;'--,~-~-58..,.'~7..I.--------__ 289 _78 -----------____ .5.z __ c::i --Q ,_ 19667 SF OU 0 " 0 " 20 '\~ \!:! :3.2C AC C TCO [7-1217 139573 SF 007!l 11 :::..9 7 AC 4 END OF CC'.l 28 .2 SOUTH '1,-q;'"> ScATTQ%"1 LATERJ.'t 0071 ' f i I tj I, I -------- S.150-rHST. I-+-+------------,"I 67-55-42'.i ~ ----------------->~-+-ll!--< ~ ~"' 0 !~j ' '" ~ C ' I This ~~01c:r. ', ~~r th~ pur;,oao of l!Mlli~ I !.:;~~ • ;~r..:·Jr:;1.ta gar,~ral iccat!or: cf !:hi:: : I premi::;;.s l\-~tlicti1 sat.a, ~urVe/ <1no 1 ri.:or Tita mumoo no 1,abL,,:v ·n , co~neclion wit.>\ the sar.1-0. l -~ RE'-I~U1St"MEN~ 1~ COUJ,,jT'I' 12 19 I -. Jc, J 0 ' ' ' ' ' : ' : ---------------------26..? JS., ________________ -i 1 '.25:J 5 " 13 l I 322:.J SF ' IYll6 2e C . o" 2 .£(,%'. if ,-t~:f>~s '\::.P 1 . 15J 7~-'.H:i-332 ,g ,c 0.3E7 A 00~ 0 O .382 A l)(l85 o" '?,,'ti?., ~ "," 0 ~ ~ 0002 : ' : f I 70 70 . ~ k 07-~. 'r ----------------------------------------::_~===----_ __:'. ------------------------------------------------- -1 ,. __ Officer: I Order: 6373570 Comment: - - • • J . __ .. EUi96665 •7/'N/1 .. 18 · &l "i"" """"" .... ~ ,,U:~UI AFTER RECORDING MAIL TO: Robert:. P. Ott 710 South 23cd Street Renton, WA 9805~ Filed for Reeord ar Request of IM?ER!AL PACIFIC Escrow Corporat~on Escrow Number: 14293!-!J ...... , °"'"1 Statutory Warranty Deed Grancor(s): Jame~ L. Hunt. Gramee(s): Robert:. P. Ot:.':::, Renee L. O'::t. Abbreviated Ugai: Ptn of T.cact 15, Plat_ No. 2 o:!: Renton Co-Op Coal Co" Acre Tracts, Vo]. 9/27 Additional legal(s) on p.age: As.scssor' $, Tax. Parcel Nurnbc:r{s): 7 2 z 2 o o-o o 9 o -00,e'--------------------~~~- /, £77 p 7 O~t./Ll(Jil -7 - ,.__.----tJ.i:iGKAN-T"cfR. Jame, L. <fti:rn~, a slr,gle person for and in cousideralion of TEJ,I DOLLARS. AND 01'1-:""E:R :;coo ANO VA.LUA.BLE CONSIDERATION L. Ott, husband and wife • ~rate of W.uhington · Company's Acre Tract5, in h.!Jld paid, conveys and warranrs t_o Robert P. Ott and Renee die follou,ing described real estate, situ.;,tl!:d in the Counfy ofK!.ng Tcact 15, Pl.at No. 2 of Renton Co-Opei:-a-t.ive Coa.i according to the Plat thereof ::-ecorded in Volume Kj_og County, Wa!Jh:i:nqton; 9 of. Plats. p<lge 27, in EXCEPT th~ We:ot. 70 feet. thereof; A."ID EXCE:['7 t.he Ea~t. 1·00 fe.,,t. t.h.,.reof Dated lh~ay of Ju~ By ; '-,! M James L. Hunt STATE OF Washington Coun1y of Ki:-l0 g~------------- By ss- J certify that I k..now or have :s..ausfaciory evidence lhat 0J0a0mc:_:•c•,__cLc·_"::.:"c"c''-------------- l. :s ll",c person who appeared befon:: 111"' . .and ~d prrson ;acknowledged thal c"c•c_ __ _ signed this insln..irncnl and acknowledge H to Ix h.:..s fTeC and volunta.;y aci foT the us.es and purpo-SC5 mentioned in thi.5 insuumenc. Dated July'--,1999 tS1ri f'--, ·-,,11!,M {en Notary Pu'bli~_in Rcs.iding a.t -~"-lll&.~~--~----------- My appc11.n1,no:,:n1 eJtpi:res: 0\_l~~-cl _']~~s'-'~·,,~-- l.PB-IO -·· u u, , • . _ .. ¥3*41))e! e-e ! :1;_:,:,;;~;g I 4J:fA4lJ&@ -·· KING, WA Document: DED WAR l 999.0708000708 Printed on 612212006 9:35:28 AM Provided by Data Trace System ·~ Page 1 of l l 1,._ Officer: l Order: 6373570 Comment: K!NG,WA G R/3:!/'J 'P 01 t{ T LCTO w oro tfouow b-R tJovtrro / CL\ '?4-C/1-5 1111111111111111 20021223002590 CHICAGO TITI..E DT 26 00 PAGE 001 OF 008 12/23/2082 t~:37 KING COUNTY, UA Document T!de(s) D~ OF '!lHJST Grantor(s)Robe!:'t P Ott and R~nee_ :c. Qtt ---+-(IK$l O Ci¥{ l 3 ~ I Grantci::(s)Graenl'cint M9!_!.3/l,,_g_~ Pun_9~_;:_ig_,_ l,..,_,:: @ LcgaiDcscnpnon PTN TRACT 15 V01.0"ME 9,_DF PLATS, PAGE 27 __ --------D A~=r's Property TaJt Paree! or Accounc Number i22200.:.Q.9JH)~8 _ -~------ Reference Numbers ofDix:umcnL:; A;,.11gned or R.cka5cd -"------------------ ---se~c~orw~,bla~con. ---- DEF.D OF TRUST (\1' 111! Fu tur~ Advance Claust} DATE AND PARTIES The da1c of this Dcd ofTrus! (Sc,:;unty !nslrumcn() 1s Jlec~~.t2.Q.P_2 ________ an.i lhc par1ics, their addrcs.sci and tax 1dcnt1fa:at1on numbers. if required, ore as rol!ows GRANTOR Robert P Ott and Rene'!! :.. Ott, a:u~band and Wife 0 lf checked, refer lo 1h1: nltached Ad,knd1:m 1ncorporalcd llcrcin, for 5dd1honaf Graniors., their S>gna1urcs and aeknowkd~r.1en1s TRUSTEE CHICAGO TITLZ INS'J?J..NCZ COMPA..'lY 10500 NE BTU S"HE~[ su:~E 1700, CHICAGO 1'ITLE !NS'!;IJl,\NCE BEL!.i'.VUB, W,1st'.~:1gton 93004 L[NDER :lreeo.Point Mortg,1gc F·.mC..>..nq. lr,c 100 Wood Bol-;.:;,w Dn·Je. Novato, Cal.>..~ornia 94345 CONVEYANCE for good and l'aluabk: corm-Ocrauon. the rc,:;c1pt ~nd sllffie1crn:;y of wh,ch JS acknowledged, 11nd to secure the Secured ~bt (defined below) and Granlor's pcrformana: under 1h1s Sceurny Instrumcnl, Grantor 1rrcvoc.1tl!y gra1cts, conveys and sdls 10 Tru.s~. in trust for lh~ bcncfil of Lender, w11h power ofsa.li;:, the foHow1ng dc~-:rihcd properly T'AACT 15, PLAT NO, J, R:-;NTON CO-OPERAT:VE COAL COMPANY'S ACRE TRACTS, ACCORDING :tO THE PLAT 1'HEREOP' REC:JRDED IN VOLOM'.E 9 OP PLATS, PA.GE(S) 27, IN KING COUNT~, WASttING1'0N, EXCEPT THB WES't 70 l"E:ET TflEREOF, AND BXCE:PT TKli: EAST 100 FE::n' TI-lER£07. The property 1$ located in Kir.g -~------------JI 710 South 23rd Street _. Rer.too ~-~-----,Washington~-~-~ (A~drrn) (CIIYJ (ZIP C<><io) ¥jMiblll,TQ~ IIOOlf EQIJITl' UN("" CIU:D!T ccro OF IRC·sr illOT .OR"~"~ ~IUIC /,u, OR~~ OSE *ll roo 'JSE ;Jl!H ,~~CEa,v o>C~ 'CR>GRlllATORAi. >L,Rf0S"cSJ (,,,.•iu••.,,~, .. ,_ ..... :llCIO ..... HFo,m~~?~<JlW• IOS,<0 @.:> C4,SiWA) '9!1DI\Jl 1.Jt;,\()-Jif"''w~o~:~•~E ~~"'' '.fQl'5l' 11,, Document: TDD 2002_ J 223002590 IDODlJS(1!()76(l?'n1l Printed on 6122,2006 9:35:28 AM Provided by Data I race: S;,stem Page I of8 Ti. fficer: I Order. 6373570 Comment: KfNG,WA Togcrhcr with all rights, e.iscmcnrs, appum.,1anccs, royalucs, rnoncral ngh~, oil and gas ni;.hu, all waler and r,p;uian ng.hts, ditches, and waler stoci-and all c:os11nJ.: and future 1mprovcmcn~, structures, /i;,;1wcs, end rcplaccmcnls th.ii may oo"' <)Tai Jny time rn lhc future, Ix: pan of the real clt:itc i:kscnbcd above (al! n::fC'l'Tcd to :ss ·Propcny") ,\-IAXIMlJM OBLIGATION LIMIT n,~· total pnnc:pal amount scc~d by \his Sccunty lnwumcnt at any one tune shall not C:)(CCcd S 2-.L..2Q.9 _(l0 This l1m11a11on of amolJllt docs not mcludc interest and 01hcr fees and charges vahdiy made pur,uanr 10 1h1s Sccurny lns1rumcnt Also, th,s hm,.aifon docs no! apply lo advances made uno:kr the 1crms of lhis Security lnslrumcot IO protccl Lender':. :;ccunty and to perform any of"Lhc covenants contamcd in 1h1s Sccunty lm:i:rumcm SECURED DEBT AND FtrJ"t'R.E ADYA:\CES The tcnn "Sccu.rt:d DcbtM 15 defined ;is follows A Dcbl mcurrcd Ulldcr the terms ()f ~II prom,ss.ory noiC(S), con1ract(s), guanm1y(s) or other evidence or dcb1 described below and all thcu c,::11:asions, renewals, mod1ficauons or subs11ruhons (YoJI must speCJjicolly 1dtm1,fy 'hi! deln(s) $ee11r-e:d """ )'/)" shau/d include fire final malunty rJ01e of .i:r1ch debr(s)) Hume Equ,tyhnf" of Creel: l ,\gre~mcn( Dat~d JZ/17,'Z002 M3tuntyD1cc Januer} 1, :OJS B All fun.re advances from Lcndcr to Gca,::o, or 01hcrfulurc obl:galwns ofGnntor 10 Lender undcr any promissory no1c, comrael, gt:uan1y. or other evidence of debt e..:ccutcd by Gramor 1n favor of Lender c;r;cCIJ!Cii after ths Scc1,n1y Instrument whether or not th,s S~unty hutrument 1s ipCCdically referenced lf more t:lan ooc pcnon signs 1h1s Sccunry !nstromcnt, each Gra:i!or agrees lha11h11 Scc1.mty lnslr,;mcnt w.:: ;cn1rc all future advances and future obhgahons that arc gwcn to or mcum::d by any 011c:: or more:: Granror. or any one or more Granlor and 01hcr.; All fut\Jrc adV1.nccs and other iururc ob,1g:it1o~s arc 5ctUrcd by 1h1s Sccunty lnsrrumcnt even though ~II or part may no, yc1 !Jc ati,anccd All future advances atK1 01hcr foturc oblrgar,ons arc secured as if made on lhc dare of 1i11s Sccur11:, lns1rumcnt N..:ithmg m this Sccur,ty lnstrumcnl shall consutuie a commmncm w m;:ikc add,:tonJI or fut= loans or advances many amount Any s.uch com1J1Jtmcnt must be agrccd :o ,n a ~cpar~lc wrnmg. C All 01hcr obhgaUons G~anrn, ow·c, to !..cndcr, wh!ctl may later arise, 10 the ;:;,ucn! mit prob1b11cd by Jaw, mdudmi:, bur not hrn1tcd :o, liabtlmcs for overdrafts rclaung to any dcposu account agreement bciwccn Grantor and Lender D All add1t1onal sums advBnccJ Jnd expenses mcurrcd by Lender for insuring, pn::1crv111g or olhcrwlSC pn:m:cung the ?roocny and ,:s value and any other sums adnnced and c:qx:nscs mcum::d by Lender under :he ;cmis of this Sccumy ln5trumcnt In the event 1hat Lemler f;u1s to provide lny nc,;;css~ry nottcc ..if the nght ofrcse1ss10n with f"'...$pccl \o any addl!\Onal mdcb1edncss secured under par.igraph B of 1h1s Section, Lender waive, any sub,cQuem sccunty mtcrcst m 1hc Gran1or's prnic;pal dwcllm3 that ts created by lh1s Sccunry !nstnimcnt (bu1 docs not waive :hesccumy mtcrcsl for :be dcbts ri..:fcrcn~cd m paragraph A ofth1s Section) S DEE[) OF' TRUST COVENANTS Gr.mtor ag,ccs Lhar 1:tc covenants Ill ll:11s sccttoa ate m.1m::ml obltgauons under the ScCtJrcd Debt and tr.is S;:;cunty lnsr.umcnt If Granter breaches any covenant m 1h1s section. Lender may refuse :o m~ke ;iddn,onai :x1cns1ons of crcd1l and reduce the ercdn J1m11 By not cxcrc1smg e11hcr remedy on Grantor'~ :Jrcach. Len<J~r docs mil wa1Ye [.,ender's nght to la1cr consider the event a bread if tt happens agam Parments Gran1or 1grccs that ~II p;iymrnt.:, under the Sccur,:d Debt will be paid when due and m acco1danee with lhe 1crms of1he Secured U<::bc J!1d thz~ Security Instrument P"nor Sccunty l»lerests W1ch rc~ard 10 any 01h-~, rnongagc, deed of trust, ~ccuniy agreement or other hen docurnem tha.1 created a pr:or security 111ler-c:;1 or encumbrance on ihe ?ropcr(y, Gran\Or agrees fO make al! payments when due ~nd 10 p.;rforn1 or ~ompty with a 11 cOvcn.ints Grantor also agrees not to 11Uow any modificat,on or cxten.s.:on -of, :>Or ;o :cqucst ;my fu!u1c adYanccs under nny no1c or agreement secured by the licn iiocumenc v.-,thout Lcr.dcr's pJ>ur wruccn approval Oaims Against Title Grantm -... 111 ;w, ~!I 1.1.xcs, asscssmenrs, hens, encumbrance~. lease payments, ground renlS. u11h11cs. and othc~ crt.:,1;cs rcl:mng !c-lhe Properly when due Lender may require G,:1mor 10 provide lO Lender copies ofall wticcs (hat such ~mounts ai.: due and the receipts cvidcncmg Grantor's payment Gran101 will defend 1,!lc to the Propcny ngamst any da1m~ th.al would 1mpa.c the 11<:n of Ibis Sccur,1y !nstru1ncn1 Gramor af,r'.:,,s io ~ss,5n 10 !..cnde:, ;is requested by Lender, my nght.s, cla,rns or- dcfun.scs Gnntor may have agJmsi pJrncs whv supply :abor Of" ,natcnels to mamtam or improve rhe Property (• ,1;,aaou" ~»"~' '"' ~< CIO•• w, Fom·,·, .<ms,.,-, ,o,s-;, e:> 5 -CH~(WA) (9ao1)02 UL'AQ-)2? Document TDD 20021223002590 (P/19" 2 of 6) 1&_~ 10001.38010760297! J Printed on 6/22/'.~006 9:35:29 AM Provided by Data rracc S;stcrn Page 2 of8 Jfficer: 1 Order: 6373570 Comment: l'ropcrty Cond1t1on, Altcrallon,; >1nd Inspection Gnntor will k(X':p the Property ,n good condmon and make all rcpa,n; that ~re rcasrmably ncccss.:iry Gr:lrllor shall i'IO! commit or a.How any waste. unpamncnl, or dctcnor.ttwn of the f'mpcrty Grant or agrees rhat rh:;:: Mturc of tbc occupancy and use will not substantially chJni;c 11:uhout Lc~dcr's prior wt11tcn consent Granlor wdl not permit any change III any license, rcsmcl1vc ~ov::nant rx casement w1chou1 Lcrtdcr's pnor wn11cn conscrit Granter will noufy Lender of all dcma:nls, pnx:c~tlrngs, claims, and actJoN agamst Granior, and of any loss or d:imagc !o the Piop1.-r1y Lender or Lender's agcnl5 ITT.If. JI :...ender's op11on, cnicr the ?ropcrty a1 any «:asooablc lime for the purpose of mspcclmg the ?rnp~cty Lender sh.ill grt1~ Gr.m1or 1101,cc at rllc 11mc of or OC:forc rin 111spcet1011 specifying .a reasonable puri:osc lor !he inspccuon Any lflSJlCCIIOn of the Properly sball be cntm;:ly for Lende(s lx:m:-111 an<.! Gr;rn(vr w1Ji 111 no way rely on Lender's ,11s-pcclloo Aulhonty to l"errorm If Grantor fail, t~ perform any duty oc 1ny of lhc covenants conramcd lll 1h1s Sccunly inslrumcrn, tender n,ay. w,1),out mmce, perform or cause them 10 be performed Grant(lr appmnls Lender as anorney m fact 10 sign Granto(s aamc or pay any amounc necessary for pcrformane~ Lender's ngh: rn pc;form far Granter shall 1101 create an obltg,21,on to perform, and Lender's fa1lun: :o pcrfor::i w:ll not ,;ccc!:.iJc L;;:ndcr from ~xercrnng any af Lender's othc: ngh1s under the lnw or lh1s Secunty [:isrrumcni Leuebolds, Co11dom1nmm~. Pbnuei.l l,;nic De11cJopments Grantor agrees to comply wi1h UK prov1s1ons of any lease 1f1h,~ Sccurily lns!rument 1s on a leasehold [fthe Property mcludcs 3 um1 111 a oondomm1um or a planned ur11t devdopmcn1, Grantor will pcrfocm n!I of Grnrnor's dtmcs under the covenants, by-laws, or rc:;;ulauun, of 1hc condom1111um or planned untt dcvclopmcnt Condc1rrnat1on Gr,mlor will gl','C !.cndc; promp1 nouce of 3ny pending or 1hrcaLcncd oct1011, by pnva1c or pubhc Clll!\tcs to ;rnrchasc Jr :akc any or all of the Prope!T'.1 through eondcmnai,on, eminent dom;un, or any Olhcr mc.i:is Granw: 1u1hJnns Lender to micrvcnc m Gramor's name m any of the above described actions or cla11~.> Granior assigns to Lender 1tic pro,;ccd:s of any aw.ard or claim for damoges connected with a condemnation or other taking of al! or any part of !he Propeny Such proceeds shall be consrdcr,d paymc:its and will be applied as provided III this Sccunly Jnsmimcnr Tius assignment of proceeds 1s-sub;ci;r ta 1k :erm5 of any pnor mortgage, deed of rnm, ,ceumy agreement or other lien document huurance Grantor shall J<.ccp ?n:;pcn~ 'nsurcd against loss by fire, flood, theft and 01hcr hazards and nsks re;uonably anoc1a1CC wt1h 1hc Propcny due to its type and location This msuranec shall be mam1amed m the amounts ar.:J for 1.'lc pcr!Od5 '.hat Lender rcqurr~ The :osurancc earner provtdmg 1hc msurancc shall be chosen by Gra1:1cr su0Jc;;t to Lender's approval, which shall not be unreasonably withheld If Gran1-0r fails to r.rnmtam the ccivcragc described above, Lender may. at lender's op11on, obtam coverage to pro1ecr Lender's ng~.rs 1n the ?ropeny accordrng to the tcnns of this Security lnstrurncn1 All insurance policies and renewals shall be acc~l•ble 10 LcndCT and sh.all mc!udc a standard "mortgage clause~ and, where Jppl1cabk:, ":oss payee clause• Gran1or shall 1mmcd1atcly notify Lender of cancellat1on or termmanon of t:'lc msura~cc Lender shall hnvc tho right lo hold lhc pohcu:s and rcnowa!s If Lender rcqmrcs, GfJmor shall :rnmcd1atel)' ~:IYC to Lc:mkr all receipts of p;ud premiums and renewal notices Upon lo,,, UrJnco~ 5hall give immediate nonce to the msurancc earner and Lender Lender may make proof ot less 1f ~ut made 1rnmcd1a1c/y by Grantor Vfllcss otherwise agreed in wrnmg. :ill ,~~u1nncc pro,;;c~d,i ~hall be applied to tk rcsion!lon or repatr of!he Property or to the Sccu~c,j Debt, whd1cr or not 1bcn due, at Lender's option Any appl1cat1on of proceeds 10 pnnc1pal shall ,10( c,xrcnd Jr pu~:1:one 1he due dale of lhc scheduled payment nor change 1hc amounl of any payment Any execs.., w,IT be ;,aid to the Grimcor If the Property 15 a.cquuc<l by Lender, Gramol's ngh1 to 1111y msurancc pol 1c1cs and ?rocceds ri:sultmg from damage 10 the Prop,;rty before lh<: aequ1s111on shall pass to Lender 10 chc :x1cr:1 of rhc Sccllfcd Dc'ot 1mmcd1a,1e)y before 1he acqum11on Fma11c1al Reports and Addu1onal Documents GranlDI' will provide IO Lender upon request, ariy financial ~1a1emcnt or mformJ11on lender may deem reasonably ricccssary Gran1or agrees 10 s,gn, dc!JYcr, and file any add11mnal docamcr,ts or certifications th.at Lender may consider necessary 10 perfect, conlmue, and prcser,·~ Gran1or's ob!'!Pl10l1S under 1h1s Sccunty Instrument and Lender's hen status on the Property WARRANTY OF TITLE Grnnw, warran<s 1ha1 Gr.l!ltor rs or will be lawfully :;.c,zcd of the estate conveyed by this Seeur1l)' l11s1rumcnt and has the n~h! lo irrevocably gram, con\lC)' and sell the Property to Trustee, m trust. w11h power of sale Gramer also warranrn that the Proµerty is uriencumbcrcd, c;cccp1 for encumbrance, of record 7 DL'E 0~ SALE Lender ma)'. JC ,1s op!,on, decl:m:: the cnhrc balance of the Secured Debi 10 'cc 11nmcd1,11cly due and payable-Jpon !he c1 cation of, or contract for the creation of, a rr:msfcr or sale of !he Propcny ThlS nghl is ;ubJo:ct w :he :cslrlehons imposed by fodc:ral law (12 CF R 591). as appheab,le [, ,»., !,a,.,. SJ"""' '" SI ~"""' ~" "~ C'GP <( C C;·~4~S(WAJ fli'J>)~2 Lil.\Q->U K!NG,WA Document: TDD 2002.1223002590 Printed on 6/22,2006 9:35:29 AM Provided by Dato l1c1ce S·,stem 1&-tnr: 1000)381,)0760297 IJ Page 3 of8 T, Jfficer: I Order: 6373570 Comment: KING.WA 3 DEFAULT Grantorw1lf be m Jci3u!t 1fany of the follo\J/mg occur Fraud. Any Consumer Borrow,;r engage> in fra.i<l or ma1cr1al m1srcpn:scntat100 m connccllOO with the $.a;ur.:d Deb! that is an open end home cguuy plnn Payments Any Consumer Borrnwcr on an:, Secured Debi. \ha( 1s an Op,,.."11 cn<l home cq1my plM fails. to ma.kc a payment when due Property Any action Of mac11on by the Borrower or Grantor occurS that :tdvcrsdy affcc1s the l"ropcny or lender's rights m the Propcny TI11s includes, Out is. not hmllcd to. 1hc following (a) Gr.i[l(or fails lo mamiam ri.:qu1rcd uuurancc 011 the P1opcrs:y, (b) Grantor transfers the Pmpcny, (c) Gra.11or comm1tS waste or othcrw1sc dcstruct1vciy uses or fads 10 rnamtam !he Propcny such 1ba1 lhc achOl'l or mac11on .advc~c!y afTccls Lcndcr'5 sccunly, (d) Grantor fails to pay taxes on the Property or 01hcrw1sc fails ro act and dlcn::Oy causes a hen lo be filed against the Prop.-rty thai: 1:s. scruor to the hen of !his Sccurily Instrument, (c) a sole Granlor dies, (f) ;f more rhan one Gramor, any Granier dics imd Lcrxlc(s SC(;>Jnty lS adversely afkctcd, (g) the Property ~ taker. 1hrough cmmcnt domain, (h) a Judgment 15 filed a{:alll~t G,anlOI' and subject~ Grantor .ind the Property 10 :icuon that adversely !ffects Lender's mlctQI, or (1) a pnor hcn.'ioldcr rorccloses on the Pro;:,criy and as a result. Lender's m1c1cst 1s advcrn.,Jy affected Exccuuve Officcn Any Borrower Is an ~;,.ccunvc of'ficcr of Lcncicr or an amt1a1c and such Borrower becomes mdel>t:cd 10 lender or ar.01hcr lender Ill an aggregate amount greater 1h,m 1hc arn,;nmt pcnn1tted under federal laws and n::gular,ons ,:t REMEDIES OF DEFAt.:LT 1,1 M.t~ai,on 10 a~y J!hcr remedy availabk under the 1ccrms oftius Sceunty Instrument. Lender may accelerate ·iw s~c::urcd /)cbt and :orccio~;:: 1h1s Security lnsnumcm m ::i manner provided by law 1f Gra.,1or 1s 111 Jc fault In ;ornc uistancr::s. federal inc! stale law will rcquuc Lender JO provide Granior w11h no11cc of 1\Jc :,g:n to ,;uo,;, or othc.-notices and may cs1abhsh nme i,chcdulcs for foreclosure aetions At rhc ophon of the Lender, all or ,my part l)fthc agreed fo::s and charges, accrued mlcrcst and principal shall become nrimcdratcly du,:, ond p2yohic, ai1cr giving ~ol!ce 1f required by law, upon the occurrcocc of .a dcfaulr or anytime thcrcaf:cr Lender sh~ll be cnritlcd 10, wllhOtJT l1m1ta11cm. the power to scll lhe Pro~rty If thcro is a dcfaul!, Trustee shall, at lh~ :cquC$t of the Lender, advertise and sdl 1bc Property as a whofe or m separate parcels al public aue:ron 10 the h1ghcn b1ddc;r for ~ash and eoovcy absolute 1nlc ftcc and clear of all nght. trtlc end 1n1crcsl of Granror al such lime and place as Tru~tcc dcsignaies Trus..ee shall give nonce of sale sneludmg ifle nme. 1erms. and P'laee of sale and a dcscnpuon of the Property lo be sold u required Oy !he apphcablc Jaw :n effce1 at the nme of :he: proposed sale Upon sale of the Propcny aod to the cx:cm not prohib11cd by law, Trustee shall make and deliver a deed to the Propcny sold which con~·cys absolLiC !Ille :o the purchasCT, and aflcr first paymg all fees, charges and costs. $hall pay to Lender all moneys advanced for 1"epa1rs, taxes. insurance. hens, =ssmcnls ~nd pnor encumbrances ;i.nd interest :hereon. ar.d lhc ;mncip:il and imeresr on !he Secured Debt, paying the surplus, 1fany, to Granior Lender may pi.:rc:1asc the Propcny "Jhc recitals ,n any deed ofconvc:,,anee shall be pnma fae1c evidenced tbc foc1s set fonh rhcrcm The acccpmnce by Lender of lllf' sum 111 paymcut or pamal payment on Lile Secured Debt after the balance 1~ due or 15 accdcra1cd or arlcr forcdoStH\:: proccc.r::hngs arc filed shall oot conshtulc a waiver of Lender's nght to require complete c,ir:: of any c,ustmg dcfau/1 By no! e;,;ercismg any remedy on G1an1or's d<:foul1, Lender docs 001 waive !...ender's nghl LO later consider tile event a dcfau/1 tf 11 h.appcrn; again 10 EXPENSES, ADVANCES ON COVE:'-lA.'ffS, AITORNEYS' FEES, COLLECTION COSTS If Gr:1111or brc!lchcs any coven.ml m 1h1> Sccurny lr.strumcnt. Grantor agrees to p.ny all expenses Lender incurs m pCTfomnng such covenants or pro[CCtmg Lis sccurr!y mlcrcs.t m the Property Such cxpcn:;cs include, but are not hm11ed to, fees mcurred fer mspo.:tmg, pn::s.crvmg, or 01hcrw1se protcctmg the Propcny and Lender's sccunt~ ,ntcn:st Thcs::, c,pcnscs .tee payable on demand and will bear interest flom the date of payment 111ml paid ,n fwL ~I !h~ h1g~ rate of 1111ercs1 m c!Tcct as provided m the tcrrr,5 of fhc Scct1r.:d Debt G1anlor a~rccs to r~Y ill costs and expenses mcurrcd by Lender m collcc1mg, caforcmg or prolcctmg lt:mk(s r,gh1s and remedies under this Sccurny Instrument This amot10! may 1nduck, buL 1s nm hm1tcd \o, alt<.irncys' fees. court cosls, and other legal c;,;pcnscs To the exltnl pcrm1\led by th<: U~1tcd Stales B;m\..:;-,1p1cy Ccodc, GranlOr agrees 10 pay 1/)c rea.,;onable anomey~· fcc.s Lender me~ Lo collect the Secured Debi as a:w~rdcd by ;my co11rt c,;crc1s1ng JUT1Sd1c110<1 under 1he Bankrup11.y Code Tfll.S Sccurny lr.sm,mcnt ~Mal: rcmam m cllcc! LJOt1l relc:iscd Grnnior agri:::es lo pay fo1 ;my r<;eorrla1ton COS1S nf such release r,,..,e,.., ... ,7' .. '"' , ... s, c ...... "" ,.,~OCP•<O" NA ,o,s·,, @!I C46S.(WAI (il'lt) oi UUAQ-3Zr' Document: TDD 2002.1223002590 10001JIJOl0760I971J Printed on 6,'22.'2006 9:35:30 A,\.1 Provided by Data rrcicc S:vskn1 Page 4 of 8 1. Jtliccr: I Order 6373570 Comment: = = ..,.. ""· = = ""' "" .,... ~ ""' ·= ·= "" IJ [NYIRONMENTAL LAWS A.'\D HAZARDOUS SUB,5TA~CES As used m 1h1s sci;.l!on, (I) Env1romncnlal Law means, 'l'!liiout :un1ta11on, the Comprchcns1vc [nv1ronmcn111J Response, Compcns,mon and L1a\nl11y A;:t (CERCLA, -l2 U SC 9601 cl r.cq ), and a/I olhcr federal, state and local laws, rcgulauons, orC.manccs. cow1 orders, allomey general op1111ons ot m1crprcuvc lcucrs conccmmg the p1.1blic hc:ahh, :iilfc1y, wclrarc. cnvmmmcut or a tuzardous substanc.:::, and (2) Hazardou:S Substance means any to~ic, radioacuvc or ha:,:ardous rna1crial, waste, pollutant or comammunl which has charactcnshcs which ~m!;:r :he subsrancc tiangcrous w p<>tcnhal!y dangctous 10 lhc pubhc health, safc1)'. welfare 01 ,;[lv1ronrncm. Th"' (~rm mclLJdi;:s, w11houl hm1lat1on, any subsrnnccs defined IIS ~hazardous m.atcnal," "10:i11c suoste11cc,,' "hanr.:lous waste," "ha1ardous substance," Of "rcgula1cd substance" under ariy Cav1ro~mcma) Law " 13 14 15 16 1, IS 19 Gr:antor represents, warrants and agrees rh;il A Eitcept as previously disclosed and acknowledged ,n wrnmg to !.cndLT, no Hazardous Substance 1s or will bi:: loca1cd, sto«:d or released vn or in the Propcrry This 1i:smct1on docs not apply to sm,i!l quant1111:s of H,uardous Sul,,;moccs that ;,rc gencr:i.liy rccogniad to be oppropualc for the no~l \JSC aod ma.in1enance Of[hc ?ro;icrty 13 Except 3S previously d1~dn,crl and ~cknowlcdgcd 1n wrnmg 10 Lender, Gnmlor and every tcnonl have been, arc, and shall rcinaon in full cor.ipl1&ncc wnh any apJlhcablc Envtronmcnral Law C Gr.int or sh.1ll 1mmed1atcly no11fy Lender ii o release or thrc::itencd release of a Hazardous Substance occurs on, under or aboui the PrcJp,,::1./ or there 1s a v10!011on of any Environmental Law Cl)l'lo::mmg the Property ln such an event, Grantor shall lake all neCCS$3.fY remedial ae11an Ill accordance w,1h any Env1ro:1mcn;;,I Law D Grancor shall immed1:11c)y notdy L:ndcr 1n '-l'nlmg as soon ll5 Grantor has rcascn to believe there 1~ any pcndmg or thrr.:a:cnc<l ,1wcrn;:at1on, claim, or proceeding rc]a1mg to 1he release or threatened release of any Hazardous Sl.lb;;ta:1cc or 1hc v1ola11on of any E1w1ronmenta1 Law ESCROW FOR TA.XES A:'ID l~SUR-\c\C£ Unlc$ 01hcrw1si:: prov1d:d ma separate agreement, Granter will not be rcq11:rcd to µay 10 Lcna,:r iunds for laxes and msur.mcc III escrow JO!NT AND INOTVIDUAL LIABILITY, CO-SIGNERS, SUCCESSORS AND ASSIGNS BOUND All du11cs under 1h1s Sccun1y Jnstrumc.il ~re JOllll and md1v1dual If Grantor s1gm. this Sccunty \ns1rurncn1 but docs not sign a:1 cv1dcncc of Jcbt, Grar.tor docs so only to ;riortgagc Gunter's interest m the Property to sccun:: payment of lhc Secured Debt and Gran1or docs nOI .agn::c to be personally l1ablc on Lhc Secured Debt I{ this Sccun:y insrrumcnl KCures a guaranty bc!W<:cn Lcnder and Crantor, Gr::in1or agrees to waive any ngh!5 tha1 may prevent Lender from bnngmg any action or claim agams1 Gran1or or ony party mdcbtc<l uridcr the 0Di1gat1on These nght5 may include, but arc not lumtcd to, any an11-dcfic1cncy or oric-amon laws Trte dunes and benefits of 1h1s Security tnsuumcnt shalt bmd and bcDCfic ib.c 5Ucccssors 3nd ll.%!£.Tl~ of Gnmtor 1nd Lender SEVERABILIIT, INTERPRETATION Tfi1s Security instrument 1s c.omp]ctc and fu!ly m1cgrated Th,s Security lnstrumcnl may no, ~c ~mended or modified by oral ilgrccmcnc Any sect.on 1n this Security !rn.ltumcnt, at1ilchm~nl.5, or any agreement rolatcd to the Secured Debt th:u confl1ets wuh appheable law writ not be effcctl",C, u~kss tha1 )aw c:i1prt:SSJy or 1mpliedly pcnm\S 1he variauon~ by wrmcn agreement lfany section of:h,s Sccunly [nsinimcnL cannot be enforced according tons terms, that secuon w11! be severed ~,id w!II not affect 1hc cnforccabiluy of the 1cmamdcr of this Sccunly [ns1rumc:ol Whenever used. 1:1c smgula: 5Mll include 1hc pll.lr:tl and 1hc plural Irle singular The c:tpllons and headings of the scc11o~s of(r11s s~cunty Instrument 11r1: for convcmcncc oniy arid arc nol :o be used to 1ntcrprc1 or dclir:c :r.; icr:"1> of :~,s Security lnstr..iment Time 1s of the essence 1q 1h15 SIX'"Jnty I nstrumcnt SUCCESSOR TRUSTEE Lcr.dcr. ~I L~nccrs oplloo, may from lime 10 tune remo,,c Trus!cc and appoml a suc.cc~ot trustee 1>.1thou1 any other for.pality than the dcs1griat1or, 1n wnung The successor u11stec, wtlhou.t conveyance of;~~ i'rq::~f1;.", sb!I suctccd to :ill the mle, power and dunes conferred oµon Tru5tcc by :bu Security JnsLrum·:nt and a;,pl1c~bk law NOTICE Unlc:ss othcrw1re rcqutr:d by law, Jny 0011c~ shall be g1ve71 by dclivcnng 11 or by maihng 11 by both first chiss mail and either rcg1:;1crcG or cc:T"t1ficd mail, return rcce1p1 requested, lo the aJlJlropnatc party's address on p~gc I uf this Sc-cunly Instrument, or ro any other itddrcss designated 111 wnung Natice lo one granter w:11 bc dc~1nc::cJ •o be no11cc 10 all gr:antors USE OF PROPERTY The proµcr.y ,wb;cci 10 1b1s Deed oi Tru&t 1~ r.ot used prme,pally for ~w,cul!ural pufl)OSes LJNE. OF CREDIT The Secured I)~bl mclwdcs 1 rcvoJ~1ng Jrne of credit Al1ho11gh the Secured Debi moy be reduced ta a 7cro balan~~. 1h,s Sccurny fostrumcnt w1!1 remain m effect unl1I released APPLICABLE LAW This Sccurny hlsL:-1.11rn.""nl 1s governed by 1he laws as agreed 10 1n the Secured Debt, cxccpr !(I the-exlcn! r~4,,,n:d h inc laws of tlK ;um,d1clmn where lhc Propc:l1y ,s loca1cd, And apr,hc~blc federal laws 3r,d rcgul~ticnc ;.,,,.~,.,,..,5,,,_, In<"~, Clo~,.~ faom<JC?"ec, "~ ,,,...,,. (D.!: C4b5(WAI :m•)o. t.1Ui\Qa3Cr KfNG,WA Document: TDD 2002.1223002590 P1inted on 6.-22.2006 9:35.30 AI\1 Provided by Data l"rJcs:> S:,)tcm Page 5 of 8 Ti. .. Jfficer: I Order: 6373570 Comment: KJNG.WA --------·· . 2:0 RIDERS The covcnonrs anci lgrccmcnts of c~ch of the ndcrs checked below arc incorporated mto and suppkmcnt and Mllcnd the icnns of tbs Security lnstrumcnl [Check all apphc~bk boxc5J ZI DADDITIONAL TERMS 22 SIGNATURES By signing bdow, Gr<1ntor agrees l(I the tcnns and covcnants conramcd m this S,;:cunty Instrument and 1n any artachmc:115 Grantor al~o ackuowlcd{:CS rccc1p1 of ~ copy of 1h1s Sccunty lt1Slrumcnl on the date st.11c:d on J)lCC I _ 1k,,1 {!_[k ________ ~.Laffi~ 1s~)~ert P Ott (D,1cJ {S•J~J<ijrc)Renee L Ott {D01,) ACK.~O\VL[OGMENT STATE OF !@'!.h._1_!"~S:r:-______ _, COUNTY OF Kin~ _ Jss ! !f.rllf)l)LhJi l :kpow er havp s..11,z;c:,ry.i_cv1dcncc 1h~1 JilUrug 7 0 Ff ~ ~~_L_.._ __ t:} , __ ts/arc them 1~uJ!(s) who appeared before me, ami ,aid ;nd1v1dual(s) acknowlc i.! t t c1b cy gncd 1h1s mstru1ncnt and acknowlcdgcC 1t !O be a ftcr and vol nd purposes. mcnuoncd 1n Ulc m~1r:.irncn1 1hc St.ole or '< r '. REQLIEST FOR R£CONVf:Y.\NCE !No, ,Q >c ,ompio ¢cl u,..,1 p••d .n foll} TO TRUSTEE The undersigned 1s the ho!ti,~r of :he note or noccs secured by tb1s Deed of Trust S:11d nole or rn>tcs, together with all other rnd~b:cdnc~; ,ccurcd by this Deed of Tn1st, have b<:cn pa,d 1n full You arc hereby directed w ~.m<-cl 11,,~ Dctd ofTrus1, wh1d11s delivered hereby, and lo rcconvey w1rhout warranty, all the cstJtc :-iow hcid by you under 1h1s Deed ofTrust to the person or persons icgnlly cnt,tled thcrclo iJ\ulhO<'vtJ B••k S1g•a1~rc) ::) ,.,, ...,, ... ,. s,.,. .. , ,., s, Clouj ""' '•·~ ~ce ~,or ·a·, '"'.,"' ~·C4SS(WA) :n~,)~2 l)l!AQ--J!P Document. TDD 2002.1223002590 /page 6 c,f 6) 1000UBOlll76~2~l lJ Printed on 6:22/2006 9:3):31 AM Provided by Data Trace S;-·st~m Page 6 of 8 ·, . Officer: I Order: 6373 570 Comment: ...... ------------[Space Above Thts Lme For Recording Data JI------------- BALLOON RIDER THIS BALLOON RIDER rs made this J:TH day of December, 2002 , and is mcorporated into and shall be deemed tu ar71-:nd and s·..:pptement the Mortgage, Deed ofTrusl or Security Deed (the "Sccunry Instrument") of the same date given by the undersigned ("Borrower") to secure Borrower's Note (the "Note") to CrcenPomt \1ortgage Funding, Inc (the "Lender" of the same date and covenr.g the proper.y descnbcd m the Sccunry Instrumenl and located at 710 South 23rd Street, Renton, Washington 98055 [Prope:-ty Address] The mteres.l rate stated on the Note is ca!:ed :he "Note Rate" The date of the Not!! 1s called the "Note Date" I undcmand the Lender may transfer the Nc:e, Sccunry Instrument and this Rider The Lender or anyone who takes the Note, the Secunty Instrument and th:s Rider by '.ransfcr and who 1s entitled to reccwe payments under the Note 1s called the "Note Holder" : g ADDlTIONAL COVENA:\"TS. In add1t,cr: :o Lhc cov:!nants and agreements m the Sccunty Instrument, Borrower • ¢",I. and Lender further covenant and agree as f"o:lows ( desp1:e anything to the contrary contained in the Security lnstrumcnt or thc-: Note) THIS LOAN IS PAYABLE IN FULL AT MATURITY. YOU MUST REPAY THE ENTIRE PRINCIPAL BALANCE OF THE LOAN AND THE UNPAID ISTEREST THEN DUE. THE LE:'IDER IS UNDER NO OBLIGATION TO REFINANCE THE LOA:\ AT THAT TIME. YOU WILL, THEREFORE, BE REQUIRED TO MAKE PAYMENT OUT OF OTHER ASSETS YOU MAY OWN, OR YOU WILL HAVE TO FIND A LENDER, WHICH MAY BE THE LE/;DER YOU HAVE THIS LOAN WITH, WILLING TO LEND YOU THE MONEY AT THE PREVAILJNG MARKET RATE, WHICH MAY BE CONSIDERABLY HIGHER OR LOWER THA', THE RATE ON THIS LOAN IF YOU REFINANCE THIS LOAN AT 1\-IATUIHTY, YOU MAY HAVE TO PAY SOME OR ALL CLOSI.I\G COSTS NORMALLY ASSOCIATED \\TfH A NEW LOAN, EVEN JF YOU OBTAIN REFINANCING FROM THE SA.l'..JE LENDER. HOIIZ · BALLOON RIDER -MULTI STATE 00AP•l7P KfNG, WA Document: TDD 2002.1223002590 Page I of2 Printed on IJ/22."2006 9:3):.31 A~\-1 Provided by Data TrJce S:, ~lcm l 9001 J so 107~026099 Page 7 of 8 1. .Jfficer: I Order 6373570 Comment: KfNG.WA BY SIGNING :BELOW, Borrower accepts and agrees io the terms and covenants contained in this Balloon R,der. D~ R~ -Borrower -Borrow-::r -Borro"wcr HOI 12 -BALLOON RIDER-MULTI STATE OOAP-17r Document: TDD 2002.1223002590 -Borrower -Borrower -Borrower IOOO I 3801076026099 Primed on 6/22/2006 9·35:32 A!v'I Provided by Data trace System Page 8 of& ]. Officer: I Order: 63 73570 Comment: 20030930003050.001 11111111111111111 20030930003050 CHiet:IGO TITLE AOT 9 10 PAGE Hl OF 1Ht1 e9/30/2B03 1&·05 KING COUNTY, IJA t\ \A ~4'-\C\ 2.'-JYl (Space Above Thi, Line For Recording Data] I CHICAGO TITLE INS. G, MERSMm# 10oonsol076029711 INVESTOR ~EF# lll3'iq6-j Corporation Assignment of Deed of Trust FOR VALUE RECEIVED, the undersigned hereby grants, a,s,gns and transfei, to fl'll>lC'tR;4t l,,oo /J.~ .. 1 ~ €.u-;l(-..,"t.v '-i.,,J'5 all beneficial mterest under that certam Deed of Trust da~ December 17, 2002 executed by Robert P Ott and Renee L Ott, Husband and WI.fe to CHICAOO TI'ILE JNS'JRANCE CCMPANY ,,/f"\ 0 and recorded as Instrument No 2002122300'"on 12/23/2002 m book none page none of Official Records m L\e County Recorder's office of K.mg County, Washmgton , descnbmg land therem as , Trustor , Trustee SEE CObEPLffi'E LEGAL BE:SCRlP i !ON DbSCR.iEED H~ 'fiff! .l'.!Feffl\'ffi.}ifflfflffiB BEEB OF 1Y I IST Loan Amount $ 21,500 00 TOGEIRER wrth the note or notes therein desmbed or referred 1o, the money due and to become due thereon mth mtcrc~. and a11 nghts accroeU or to ace.rue W1de; said Deed ofTrust Dated 05/02/2003 GreenPomt Mortgage Fundmg, Inc BY ~--,y({@_, State of: Cahforrna County of: Sonoma T1mB Miller, ASST. SECRETARY On May 02, 2003 before me. Jenrufer L Pozzi. Notarv Pubhc personally appeared Ttm B Miller. known to me (or proved to meon the basis of sa~factory eVJdence) IO be the person(s) whosename(s) 1slare sub sen bed to the m11nn :ms1rument and acknowledged to me that b.efshe/they executed the same m lus/hcr/the:i:r autbonzed cap11C1ty(1es), and that by hls'ber/therr s1gn8h.lre(s) on the instrument the person(s) or the entity upon behalf of wluch the person(s} acted, execure:.l the mstrumei:t WITNESS my ham! and off,o,al seal Title Order No Escrow No 068113 1068] JJ KING.WA Document: TDD ASN 2003 0930003050 Printed on 6/22;'2006 9:3.5:32 AM Provided by Data J rac~ S_vskm Page I of I ·1. Jfficer: I Order: 6373570 Comment: 20030930003049.001 GreenPomt Mortgage Fundmg, Inc. 1111111111111111 l!1~!9D~000}gJ49 After recording please return to: 33 San Pablo A'Venue PACE 0e1 OF 919 · K89/H/2003 ti. 9!5 ING COUNTY , UA <'A.n fu,..G.v,..I , Cf\ 'l'f'l03 Assessor's Property Tax Parcel or Account N•.1mber 7Z220-0-0090-08 Abbreviated Legal DescnptlOn 1'\'ru;t" \S \/cA 9 f'"1. Z.1 See Page 3 for complete legal description. () Settlement Agent is responsible for-veryfing that the: Ab-breviated Legal Description on Page 1 of the Deed of Trust is completed accurately. ------------{Spac~ Abcve This Line For Recording Data] ------------- DEED OF TRUST@ CHICAGO TITLE INS. CO REF# l ll 31'1 \;,-I MIN 100013800824783308 DEFINITIONS Words used m multJ.ple sections of th1s document are defined below and other words are defined m Sect.J.ons 3, l l, 13, l 8, 20 and 21 Certain rules regarding the usage of wcrds U&ed m tlns document are also provided m Secb.on 16 (A) "Security lnstrumentl' means tlus document, ,,i,.foch ts dated September 24, 2003, together with all Riders to this document (B) •iBorrower" 1s Robert P Ott and Renee L Ott, Husband And Wife Borrower is the trustor under tlus Secunty Instrument (C) "Lender" ts GreenPoint Mortgage Funding, Inc Lender 1s a Corporation orgaruz:ed and ex1strng unC.cr the laws of the State of New York Lender's address is 100 Wood Hollow Drive, Novato, CA 94945 (D) "Trustee'' is TIIF ?SCP OH. GHQF_fl 0-\-\GAC,.O "'T<TLI:; lrJS<.J (2A,..lc£ C.OMfl'\,-.11 Washington Deet.l ofTrust-Smgle farruly-F:mme Mac;Freddtc ;\lac l'NlFOR.-.,l lNSTRUMEJ\l"T MERS Mochfied Fonn3048 01.'01 -TH< c~'.""::~~!~~ t,c -/fll!i 11111 Iii 111~1~1i11i11~11 iii !1111111111111 ii 1111111111 /IIJ ,~ ~~,~'.',:~·:: ~ P ~ W D G G I 2 4 7 I J J O 1 I 7 KING, WA Document: TDD 2003 .0930003049 Printed on 6/22.:2006 9:35<.)3 A1VI Provided b; Data frace Sy:;tcm Page I of 19 KING.WA Officer: l Order: 6373 570 Comment: 20030930003049.002 (E) ''MERS" 1s Mortgage Electronic R.eg1strat10n Systems, Inc MERS 1s a separate corporation that 1s actmg soielv as a nornmee for Lender and Lender's succ:ssors and assigns MERS is the beneficiary under tins Security lnst;ument. MERS ts orgaruzed and ex1stir.g under the laws of Delaware, and bas an address and telephone number of PO Box 2026, Flmt, MI 4850].2026, tel (888) 679,MERS (F) "Note" means the promlssory note signed by Borrower and dated September 24, 2003 The Note states that Borrower owes Lender One Hundred Seventy Two Thousand and 0/lOOths Dollars (U S $172,000.00) plus mterest Borrower has prormsed to pay th:.s debt m regular Penodic Payments and to pay the debt m full not later thanOctober 01, Z033 (G) "Property" means the property tbu 1s dcsc;-1bed below Under the heading "Transfer of Rights m the Property" (R} "Loan" means the debt evidenceC:. by the Note, plus mterest. any prepayment charges and late charges due under the Note, and all sums due under tbs Secun ty Instrument, plus tnterest (I) "Rlders'' means all Riders to tllts Secunty fostrurnent that are executed by Borrower The foUowmg Riders are to be executed by Borrower [check box as appl!cable} ~ AdJUStable Rate Rtder D Balloon Rider D l-4 Farwly Rider o·o,her(s) /specify/ 0 Condomn\lum Rider 0 Plarmet.l Umt Development Rider 0 Revocable Trust Rider D Second Home Rider 0 Biweekly Payment Rider (J) 1'Applicable Law" means all controllmg :i.pphcable federal, state and local statutes, regulations, ordmances a:r.d admm1strative rules and orders (that have the effect of law) as well as all applicable final, non·appealable Judtczal optmons · (K) ''Community Association Dues1 Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condomtmum association, bomeoi;mers association or SII11llar orgarnzat10n (L) "Electronic Funds Transfer" means any tra,.sfer of funds, other than a transactlon ongmated by check, draft, or srm1lar paper mstrurncot, which lS 1mtrnted tbrough an electroruc temnnal, telephonic mstrument, computer, or magnetLc tape so as to order, m.struct, or autbor:ze a fo1anc1aI tnstl.tution to debLt or credit an account Suell term includes, but ts not l1m1ted to, pomt-of-sale trar:sfers, automated teller machine transactions, transfers nutiated by telephone, wrre transfers, and automated clearinghouse transfers (M) "Escrow Items" means those items that are described 1n Sectrnn 3 (N) "MisceUaneous Proceeds" means any compeI1Sahon, settlement, a-wa.rd of damages, or proceeds patd by any third party (other than insurance proceeds paid unC.er the coverages descnbed m Section 5} for (1) damage to, or destruction of, the Property, (11) condemnation or Nher takmg of all or any part of the Property, (rn) conveyance m lieu of condemna!Jon, or (iv) nusrepresenta.t1ons uf, or omissions as to, the va1ue andior condition of the Property Wa.s111ngkl11 D~d ofTrust-Smglt1 Facru!y.f:i.nme Mae/Fmld1r ;i.b{" l;'.',,lFORM INSTRUMENT MERS Modtficd Fo:rm 3048 01/01 -THE c~~~~~~~:~ ]NC -! 11/!i 11111111 I ll!i1I1i11ii~~II ill ii 11~1 illl ~ !11111111' ~mr .. ~~,::~·~::i: ~ P M W D O O 5 2 4 • 8 3 3 0 1 1 7 Document: TDD 2003 .0930003049 Page 2 of 19 Printed on 5:22.·2006 9:35.33 AM Provided by Data Trac-2 System KING.WA T1, .. Jfficer: l Order: 63 73570 Comment: 20030930003049.003 (0) nMortgage 1nsurance" mear.s insuranci: protectmg Lender agamst the nonpayment of, or default on, tbe Loan {P) "Periodic Payment" means the r::gu[arly scheduled amount due for (1) pnnc1pal and rnterest under the Note, plus (n) any amotmts under Section 3 of this Sccunty Instrument (Q) "RESPA" means the Real Estate Settkment Procedures Act (12 USC §2601 et seq) and its 1mplementmg regulation, Regulat10n X (24 C F R Part 3500), as they might be amended from time to time, or any add.Jtwnal or successor legrsJation or regulation that governs the same sub3ect matter As used m this Secunty Instrument,. "RESP A" refers to all requirements and restncbons that are imposed m regard to a "federally related mortgage loan" even 1f the Loan does not qualify a.-; a "federally related mortgage loan" under RESP A {R) 1'Successor in Interest of Borrower" mi:ar.s any party that has taken title to the Property, v1t'hether or not that party has assumed Borrower's obhgatrom under the Note and/or tlus Secunty Instrument TRA'/SFER OF RIGHTS IN THE PROPERTY The beneficiary of tr.1s Sccunty lnstrnment 1s Y.IERS (solely as nommee for Lender and Lender's successors and ass1gns) and the successors and assigns oflvt.ERS Th1s Secunty Instrument secures to Lender (1) the repayment of the Loan, and all renewals, extens10ru. and mod1fica1Jons oftbe Note, and (n) the perfonnance of Borrower's covenants and agreements under tills Secunty Instrument and the Note For this: purpo'se, Borrower mevocably grants and conveys to Trustee, !n trust, with power of sale, the follomng descnbed property located m the County of King [T;pe of Rerordmg JurrsdJc/1on} [Name of Recording JunsdictJonJ TRACT 15, PLAT NO. Z, RENTON CO-OPERATIVE COAL COMPANY'S ACRE TRACTS, ACCORDING TO THE PLAT THERF.OF RECORDED IN VOLUME 9 OF PLATS, PAGE(S) 27, IN KING COUNTY, WASillNGTON. EXCEPT TIIE WEST 70 FEET TIIEl<EOF, AND E.XCEPT TIIE EAST 100 FEET TIIEREOF. which currently has the address of 710 South 23rd Street [Street] Renton , Vias.hmgton 980SS [CJty] {Ztp Code] ("Property Address'') TOGETHER WITH all the tmprnverr.ents now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property All replacements and additions shall also be covered by tb1s Secunty Instrument All of the foregorng 1s referred to m this Secunty fnstrument as the "Property" Borrower understands and agrees that MERS bold<s only legal title to the mterests granted by Borrower m this Secunty Instrument, but., 1f necessary to comply \I.1th law or custom, MERS (as norrunee for Lender and Lender's successors and assigns) has the rcght to exercise any or a[\ of those mterests, mcludmg, but not ltmlted to, the nght to foreclose and sell the Property, and to take any action r"cqutred of Lender mcludmg, but not hmit.ed to, r-e)easmg and cancelmg this Secunty Jr..strument Washington Deed ofTrusi-.-Smgle Fanll:ly,Faame Mal'..ifredJ,e .\Jae L'.'<1FORi\.l INSTRCMENT MERS M(l(]tfled form 3048 01/01 -THE c!~'.~~~";~,~~~~ I Ne -I )111\ IIIII Iii 111111i:11i11~~" ii Ii 11111111111 !!11111!1 Hf n, ~ •• ,;:·~~ :; ~ ~, W Ll (l O a Z 4 7 6 '.3 J O I 1 7 Document: TDD 2003 .0930003049 Page 3 of 19 Printed on 6:'22/2006 9·.35:3.:J A1•1 Provided by Data !'race System Jfficer: I Order: 6373570 Comment: 20030930003049.004 BORROV/ER COVENANTS rbat Borro<Ner 1s !awfully seized of the estate hereby conveyed and bas the nght to grant and convey the Property and that the Property ,s unencumbered, except for encumbrances of record Borrower warrants and Mil defend generally the tnle to the Property agams.t an claims and demands, subject to any encumbrances of record THIS SECURITY fl\fSTRU?vlENT combines umform covmants for natJ.onal use and non-umforrn cover.::ants with lurnted vanahons by JUnsdtet.on to constitute a umfonn secunty lll8trument covenng real property UNIFORM COVENANTS Borrower and Lender covenant and agree as foJlows 1. Payment of Prinopal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the prmc1pal of, am:! mtercst on, the debt eYJdenced by the Note and any prepayment charges and late charges due under the Nott Borrower shall also pay funds for Escrow Items pursuant to Section 3 Payments due under the Note and t-Jus Secunty Instrument shall be made m U S currency However, 1f any check or other mstrument rece1ved by Lender as payn1ect under the Note or this Secunty lr.strument 1s returned to Lender unpard, Lender may require that any or all subsequent payments due under the Note and tb1s Secunty Instrument be made m one or more of the foJlo\Vlng forms, as ;;elected by Lender (a) cash, (b) money order, (c) certified check, bank check, treasurer's check or cashier's check, provided :my such check 1s dra\Vrl upon an mst1tut1on whose deposits are msured by a federal agency, tr.strumer:rnhty, or entity, or (d) Electromc Funds Transfer Payments are deemed received by Lender when received at the locatlon designated m the Note or at such other locat10n as may be designated by lender m accordance with the notice provisions m Sectmn 15 Lender may return any payment or partiaJ payment 1fthe p~ymer.t or partial payments are msufficient to bnng the Loan current Lender may accept any payment or partial pay1;ient insufficient to bnng the Loan current, without v.:aiver of any nghts hereunder or preJUdic:e to Its ngbts to n:fuse such payment or part:ial payments m the future, but Lender 1s not obhgated to apply such payments at the time such pa,;mcnts are accepted If each Penodic Payment is apphed as. of its scheduled due date, then Lender need not pay mter:;;st on unapphed funds Lender may bold such unapphed funds tmtJ.l Borrower makes pa}T!lent to bnng tl::e Loan current If Bonower does not do so wrtbm a reasonable penod of tune, Lender shall eJther apply such funds or return them to Borrower If not apphed earlier, such funds will be apphed to the outstandmg pnnctpai balance under the Note munecfiateiy pnor to foreclostm:: No offset or claun which Borrower might have now or in the future against Lender shall relieve BorrO\ver from makmg payments due under tbe Note and this Secunty Instrc1ment or perforrnmg the covenants and agreements secured by th1s Secunty Instrument Z.. Application of Payments or Proceeds. Except as otherwise descnbed m this Secnon 2, all payments accepted and apphed by Lender shall be applied m the fol1owmg order of pnonty (a) mterest due under the Note, (b) pnncipal due under the Note, (c) amounts due ur.Ccr s~ctton 3 Such payments shall be applied to each Penod1c Payment m the order m which tt became due .Any rema1r.mg ar:munts shall be applied first to late charges, second to any other amounts due underth1s Secunty Instrument, and then to reduce the prrncipa! balance of the Note If Lender receives a payment from Borrower for a dehnquent Penod1c Payment which mcludes a rufficient amount to pay any late charge due, the payment may ·::,e applied to the delmquent payment and the late charge If more than one Penodic Payment 1S outstanding, Lender may apply any payment recewed from Borrower to the repayment of the Penod?c Payments tf. and to tbc ~xtent -:hat, each payment can be paid m full To the extent that any excess eXtsts after the payment is applied to th:..:: fuJI payment of one or more Penochc Payments, such excess may be apphed to any late charges due Voluntary prepa~ments shall be apphed first to any prepayment charges and then as descnbed m the Note Any appltcati.on of payments, msurance proceeds, or Miscellaneous Proceeds to pnnc1pal due under the Note shall no[ extend or postpone the due date, or char.ge th~ amount, of the Penod1c Payments 3. Funds for Escrow Items. Borrower st.al! pay to Lender on the day PenodJc Payments are due und~r the Note, untit the Note 1s paJd m full, a sum (the "Fur,ds") to provtde for payment of amounts due for (a) taxes and assessments and other items which can attam pnonty ov':':r thts Secunty Instnunent as a hen or encumbrance on the Property, (b) leasehold payments or ground rents on the Property, tf any, (c) prermums for any and a11 insurance Wasbmgton Deed ofTrwt--Smgie Farrufy.F:imme Mae/Fredd11.• ,\be lJNffOMIL~STRUMEII/T MERS Modified Form 3048 01/01 -TAE c:~~:;~~~!~~ lNc-11111!11111111111~11ii1~'11ii1111111111 Hllllli~ ~l !111 lllf ,~ -~:~,,~: GPM't/Q()Ca"24 763l!J11 7 KING. WA Document: TDD 2003 0930003049 Printed on 6122/2006 9·35:34 Aivf Provided by Data Trncc S\stem Page 4 of 19 Titic: Officer: I Order: 6373570 Comment: 20030930003049.005 reqmred by Lender under Section 5, ar::d (d) :\iortgage Insurance premmms, 1f any, or any sums payable by Borrower to Lender m heu of the payment of tvfortgage Insurance premrums m accordance with the provJS1ons of Section IO These items are ca.lied .. Escrow Item:; ,. At ongmatton or at any time dunng the term of the Loan, Lender may reqmre that Commumty A::;sociahon Dues, Fees, and Assessments, Lf any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item Borrower shall promptly furnish to Lender aU notices of amounts to be paid under tfus Sect10n Borrower shalt pay Lender the Funds for Escrow Items unless Lender waives Borrower's obhgatlon to pay the Funds for any or all Escrow Items Lender may wa1Ve Borrower's obhgatton to pay to Lender Funds for any or all Escrow Items at any tune Any such waiver may only be m vmtmg In the event of such warver, Borrower shall pay dtrectly, when and where payable, the amounts due for any Escrow Items for wbtch payment of Funds has been waived ":::iy Lender and, 1f Lender requires, shall furmsb to Lender receipts evidencmg such payment wlthm such t1me pcnod as Lender may require Borrower's obhganon to make such payments and to proVIde receipts shalt for al! purposes be deemed to be a covenant and agreement contained m thts Secunty Instrument, as the phrase '\:over:ant ar.d agreement" 1s used m Sectton 9 If Borrower 1s obligated to pay Escrow Items directly, pmsuant to a w2.1ver, and Borrower fads to pay the amount due for an Escrow Item, Lender may exercise its nghts under Seclior. 9 and pay such amount and Borrower shalJ then be obhgated under Section 9 to repay to Lender any such amount Lender may revoke the waiver as to any or all Escrow Items at any tune by a notice given m accordance wtfo Sectwn 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and m such amounts, that are then r::quued ur:Ccr tills Sect10n 3 Lender may, at any tmle, collect and hoiC Funds man amount (a) suffiCJent to penmt Lender to apply the Funds at the time specified under RESP A, and (b) not to exceed the ma.x1mum amount a lender can require under RESP A Lender shall estimate the amount of Funds due on the basis of current data and reasonable estnnates of expenditures of funire Escrow Jtems or otheTW1se tn a:cccrdance with Applicable Law The Funds shall be held man mst1tut1on w:iose deposits are msured by a federal agency, mstrumentahty, or entity (mciudmg Lender, 1f Lender 1s an msrnutmn whose deposits are so msured) or m any Federal Home Loan Bank Lender shall apply the F\Jads to pay the Escrow lt~ms no later than the tune spectfied under RESPA Lender shaI1 not charge Borrower for holdmg and applymg the Funds, armually analyzmg the escrow account, or venfymg the Escrow Items, unless Lender pays Borrower mterest on the Funds and Apphcable Law penmts Lender to make such a charge Unless an agreement JS made m -..vr1tmg or Applicable Law requires interest to be paid on the Funds, Lender shall not be reqmred to pay Borrower =my interest or eammgs on the Funds Borrower and Lender can agree m ""Titrng, howeveri that mterest shaU be paid on the Funds Lender shall give to Borrower, without charge, an annual accounting of the Funds as required by RESP A If there ts a surplus of Funds held rn escrow, as defined under RESPA, Lender shall account to Borrower for the excess funds m accordance with RESP.-\ If then: 1s a shortage of Funds held m escrow, as de.fined under RESPA, Lender shall notify Borrower as requJTed by RESPA, and Borrower shall pay to Lendt::r the amount necessary to make up the shortage m accordance with RESPA, but m no more than 12 monthly payments If there 1s a deficiency of Funds. held m escrow, as defined under RESPA, Lel1der shall not1fy Borro"Wer as reqm.red by RESPA,. and Borrower shall pay to Lender the aIT'!ount n~cessary to make up tbe deficiency m accordance Wlth RESPA, but m no more than 12 monthlypa)TilenL<; Upon payment m full of all sums sec,_;red by this Secunty Instrument, Lender shall promptly refund to Borrower any Funds held by Lender 4. Charges; Liens. Borrower sha!I pay a[] taxes, assessments, charges, fines, alld 1mposit1ons attnbutable to the Property wbicb can attam pnanty over this Secunty Instrument, leasehold payments or ground rents on the Property, 1f any, and Commumty As:;oc1atwn Dues, Fees, and Assessments, 1f any To the extent that these items are Escrow Items, Borrower shall pay them m t:1e manner provided m Section 3 Borrower shall promptly discharge :i.ny hen whtch has pnonty over tlus Secunty Instrument unless Borrower (a) agrees m wntmg to the payment of the obhga.t1on secured by the hen m a manner acceptable to Lender, but only so long as Borrower zs performing such agr~ement, (b) contests the hen m good faith by, or defends agamst enforcement of the hen m, legal procecdmgs which m Lender's opimoo operate to prevent the enforcement of the hen while those proceedmgs arc pe!"'.d1ng, bui only i.mtll such proceedings are concluded, or (c) KfNG.WA Document TDD 2003 0930003049 Printed on 6122;'2006 9:35 :3 5 AM Provided by Data Crace S~ <:;tern Page 5 of 19 KfNG,ll·A Jfficer: I Order: 6373570 Comment". 20030930003049. 006 secures from the holder of the hen an agreer:::ient satisfactory to Lender subordmab.ng the hen to tl:us SeCllnty Instrument If Lender determines that any part of the Property 1s SUbJect to a lren whlch can attam pnonty over this Secunty Instrument, Lender may give Borrc\ver a notice 1dent1fyrng the hen W1thrn !O days of the date on -wb.tcb that notice 1s given. Borrower shall sar1sfy the: lien or take one or more of the actlons set forth above m this Sectton 4 Lender may require Borrower to pay a one-time charge for a real estate tax venficatton and/or reporting semce used by Lender m connection with this Loan 5. Property Insurance. Borrower shall keep the improvements now ex1stmg or hereafter erected on the Property m.sured agamst loss by fire, hazarrJs tocluded wtthm the term "extended coverage," and any other hazards mclu<lmg, but not limited to, earthquakes and floods, for which Lender reqmres msuranc:e This insurance shall be mamtamed m the amounts (rncludmg deductible levels) and for the penods that Lender requires Wbat Lender requrres pursuant to the preced.mg sentences can change dunng the term of the Loan The msurance earner provHhng the msurance shall be choser. by Borrower subject to Lender's nght to disapprove Borrower's choice, which nght shall not be exercised unreasor:ably Lender may require Borrower to pay, m co!lilect1on with this Loan, either (a) a one-tune charge for flood zone dcteimmat10n, cert1fication and track.mg serv1ces, or (b) a one-tnne charge for flood zone detenrunabon and certification services and subsequent charges each tune rernappmgs or s1m1lar changes occur which reasonably might affect such detenmnatron or certification Borrower shalt also be responsible for the payment of any fees 1mposeC by tl-.e federal Emergency Management Agency m connection wtth the reV1ew of any flood zone determmation resulting from an obJection by Borrower ]f Borrower fatls to mamtam any of the cover:iges descnbed ab.ave, lender may obtain U1.Surance coverage, at Lender's opt.Jon and Borrower's expense Lender 1s ur.der no obhgat.Jon to purchase any particular type or amount of coverage Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity m the Property, or the contents of the Property, agamst any nsk, hazard or habihty and nught provide greater or lesser coverage than was prevrnusly m effect Borrower acknowledges that the cost of the msurance coverage so obtamed might s1gmficantly exceed the cost of msurance that Borrower could have obtamed Any amounts disbursed by lender under tbts Section 5 sha:J become additmnal debt of Borrower secured by thts Secunty Instrument These amounts shall bear mterest at the Note rate from the date of disbursement and shall be payable, with such mterest, upon notice from Lender to Bcrrower requesnng payment All msurance poltc1es required by Lender and rene"Wals of such pohc1es shall be subject to Lender's nght to disapprove such pohc1es, shall mclude a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional Joss payee Lender shall have the nght to hold the policies and renewal certificates If Lender requrres, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notlces If Borrower obtams any fonn of msurance coverage, not otherwise requrred by Lwder, for damage to, or destruction of, the Property, such policy shall mc!ude a standard mortgage da:isc and shall name Lender as mortgagee and/or as an additional loss payee In the event of loss, Borrower shall give prompt notice to the msurance earner and Lender. Lender rnay make proof of loss If not made promptly by Borro\1.-e.r Unless Lender and Borrower otherwtse agree m wntmg, any msurance proc:eeds, whether or not the underiymg rnsurance was required by Lender, shall be apphed to restoraQon or repair of the Property, tfthe restoration or repair 1s econorrucaUy feasible and Lender's secunty 1s not lessened Durmg sllcb repair and restoration p,enod, Lender shall have the nght to hold such insurance proceeds untd Lender bas !'>.ad an opportunity to mspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such mspection shall be underta.keu promptly Lender may disburse proceeds for the repairs and restoration ma smgle payment or ma senes ofpro.gress payments as the work 1s completed Unless an agreement 1s made m wntrng or Apphcable Law requires interest to be paid on such msurance proceeds, Lender shall not be regmred to pay Borrower any interest or earnmgs on such proceeds Fees for pubhc ad.Justers, or other thud parties, retained Oy Borrower shall not be paid out of the rnsurance proceeds and shall be the sole obhgatton of Borrower If the restoration or repair 1s not econoffilcaJly feas1:Jle or Lender's secunty would be Je._<;.<;.ened, the !DSurance proceeds shaii be apphed to the sums secured by tbJS Secunty Instrument, whether or not then due, with the excess, if any, paid to Borrower Such msurance proceeds shall b~ applied in the order provided form SectJ.on 2. Document: TDD 2003.0930003049 Page 6 of 19 Printed on 6/2212006 9:35·35 AtvJ Provided by Data Trac...: S; slL'm KfNG.WA Officer: 1 Order: 6373570 Comment: 20030930003049.007 If Borrower abandons the Property, L:::nder rn::1y file, negotiate and settle any available insurance claun and related matters If Borrower does not respond w1tlnn JO day5 to a notice from Lender that the msuraoce earner has offered to settle a claun,. then Lender Clay negot,ak and settle the claim The 30-day penod will begin when the nonce 1s given In either event, or if Lender acquires the Property under Sectzon 22 or othermse, Borrower hereby assigns to Lender (a) Borrower's nghts to any insurance proceeds m an amount not to exceed the amounts unpaid under the Note or this Secunty lnstrumeut, and (b) any other of Borrower's nghts (other than the nght to any refund of unearned prerruums paid by Borrower) under all msurance policies covermg the Property, msofur as such nghts are apphcable to the coverage of the Property Lendtr may use the msurance proceeds either to repair or restore the Property or to pay amounts unpaid under tbe Note or this Secunty Instrument, whether or not then due 6. Occupancy. Borrower shalt occupy, establish. and use the Property as Borrower's pnncipal residence Mthm 60 days after the execution of this Secunty Instrument and shall continue to occupy the Property as Borrower's pnnc1pal residence for at least on~ year after the date of occupancy, unless Lender otherwise agrees m wntmg, which consent shall not be unreasonably withheld, or unless extenuatmg crrcurnstances exist which are beyond Borrower's control 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage or llllpair the Property, allow tbe Property to detenorate or commit waste on tbe Property %ether or not Borrower ts residing m the Property, Borrower sball rnamtam the Property in order to prevent the Property from detenoratmg or decreasmg m value due to its condmon Unless 1t 1s determined pursuant to Section 5 that repair or restorahon LS not economically feasible, Borrower shall promptly repair the Property 1f damaged to avoid further detenoratwn or damage If msurar.ce or condemnatwn proceeds are paid m connection with damage to, or the tak:mg of, the Property, Borrower shaH be respor.sible for repamng or restonng the Pwperty only if Lender has released proceeds for such purposes Lender may C:1sburse proceeds for the reparrs and restoratr.on m a smgle payment or m a series of progress payments as the work 1s completed If the msurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower ts not relieved of Borrower's obhgat10n for the completmn of such repau or restorat.mn Lender or 1cs agent may make reasonable entnes upon and mspectJons of the Property If it has reasonable cause, Lender may mspect the mtenor of the improvements on the Property Lender shall g,ve Borrower notice at the tune of or pnor to such an mtenor mspect:ton s.pec1f}1ng such reasonable cause 8. Borrower's Loan Apphcabon. Borrower shall be m default if, dunng t.he Loan application process, Borrower or any persons or entitles acting at the dJrectwn of Borrower or with Borrower's knowledge or consent gave matenaJJy false, m1sleadmg, or inaccurate mfonnauon or statements to Lender (or fat]ed to pro.,rrde Lender with matenal mforrnatlon) m connect.J.on v.1th the Loar: Matenal representations mclude, but are not hrmted to, representations concemmg Borrower's occup2ncy of the Property as Borrower's pnnc1pat residence 9. Protection of Lender's Interest 1n the Property and Rights Under this Security Instrument. ]f (a) Borrower fails to perform the covenants and agreements contained m this Security Instrument, (b) there 1s a legal proceed.mg that might s1gn1.ficancly affect LenCCT'~ mt::-rest in the Property and/or nghts under this Secunty Instrument (such as a proceed.mg m bankruptcy, probate, for condemnatron or forfclture, for enforcement of a hen wh1cb may attam pnonty over this Secunty Instrument or to enforce laws or regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever 1s reasonable or appropnate to protect Lender's mterest m the Property and nghts under th.ts Security Instrument, mcluci.Ing protecb.ng and/or assessmg the value of the Property, and secunng and/or repainng the Property Lender's act.Ions can mclude, but are not hmrted to (a) paymg any sums secured by a hen whtcb. has pnonty over tlns Security Instrument, (b) appeanng m court, and (c) paymg reasonable attorneys' fees to protect rt; interest m the Property aod/or nghts under this Secunty Instn.ment, mciudmg 1ts secured position m a bankruptcy proceedmg Secunng the Property mcludes, but 1s not hm1ted to, entermg the Prnperty to make reparrs, change locks, replace or board up doors and W1ndows, dram water from pipes, eltmmate buildmg or other code V1olat10ns or dangerous cond1t:1ons, and have uhhtles turned on or off Although Lender may take action under thcs Section 9, Lender does not bave to do so and ts not under any duty or obhgat10n to do so It lS agreed that Lender mcurs no hab1!1ty for not taking any or al( actions authonzed under th1s Section 9 Wnhrngton D«d QfTrust-Smgle Farrnly-Fa:nu1e Mae/Frt'(h.he :-..Ltc l:NIFOR.'1 INSTRUM.ENT MERS Mochfterl FormJ048 01/-0l -n,, ~~:~:~~~~~ ~c -I !llli 11111 ll!i I l~lililli~j~11 ii 1111111 !Ill 11111!111!!11 !11111' ~ ·-~!!'~~= G P M W O O O ! 2 4 7 ~ 3 J O 1 1 I Document: TDD 2003.0930003049 Page 7 of 19 Printed on 6;22,2006 9:35:36 AM Provided by Data Trace S:,sr .. ·m ·1 fficer: I Order: 6373570 Comment: 20030930003049.008 Any amounts disbursed by Lender under this Sect1on 9 shall become add1t1onal debt of Borrower secured by tlus Secunty Jnstrumeat These amounts shall bear mterest at fue Note rate from the date of dtsbursement and shall be payable, with such mterest, upon notICe from Lender to Borrower request.mg payment If tbts Secunty Instrument 1s on a leasehold, Borrower shalt comply with all the provmons of the lease If Borrower acqmres fee tltle to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger m wntmg 10. Mortgage Insurance. If Lendn required Mortgage Insurance as a cond1t.J.on of makmg the Loaa, Borrower shall pay the prerrnums requued to mamtarn the Mortgage Insurance tn effect If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be avatlable from the mortgage msurer that prevtously provtded such msurance and Borrower was nqmre<l to make separatefy designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premrnms reqtured to obtam coverage substant.ially eqruvalent to the Mortgage Insurance previously m effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage lnsurance preVJously m effect, from ao alternate 1:1ortgage msurer selected by Lender If suhstantJally equrvalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the msurancc coverage ceased to be m effect Lender \1/111 accept, use and retam these payments as a non-refundable loss reserve m heu of Mortgage Insurance Such loss reserve shall be non-refundable, notwithstanding the fact tb.:n the Loan 1s ulnmately paid m full, and Lender shall not be reqt1rred to pay Borrower any mterest or earnmgs on such loss reserYe Lender can no longer reqmre loss reserve payments 1f Mortgage Insurance coverage (m the amount and for the penoci that Lender requrres) provided by an msurer selected by Lender agam becomes avallable, IS obtained, and Lender requites separately designated payments tov,rard the premrnms for Mortgage Insurance If Lender reqmrerl :\Iortgage Insurance as a cond1t10n of makmg the Loall and Borrower was requrred to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the prermums required to mamtam Mortgage Insurance m effect, or to proYide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends u: accordance Wlth any wntten agreement between Borrower and Lender proV1d1og for such tcnumat1on or until te:nnmat,on 1S required by Applicable Law Notbmg m this Section IO affects Borrower's obl1gatior: to paymterest at the rate provided m the Note Mortgage Insurance reimburses Lender (or any entdy that purchases the Note) for cert.am losses 1t may mcur lfBorrower does not repay the Loan as agreed Borrower 1s not a party to the Mortgage Insurance Mortgage insurers evaluate their total nsk on all such rnsurance m force from trrne to time, and may enter mto agreements with other partles that share or moC!fy theH nsk, or reduce losses These agreements are on terms and condttlons that are satisfactory to the mortgage msurer and the other party (or parties) to these agreements These agreements may require the mortgage insurer to make payments.-usmg any source of funds that the mortgage insurer may have available (wbtch may include funds obtained from Mortgage Insurance premiums) As a result of these agreements, Lender, any purchaser of the Note, another rnsurer, any remsurer, any other ennty, or any affihate of any of the forP.gnme, m:ty reC'e1ve (d1rectly or mcllrectly) amounts that denve from (or might be charactenzed as) a portion of Borrower's p2)ments for Mortgage Insurance, m exchange for sbanng or modll)"mg the mortgage msurer's nsk, or reducing losses If such agreement proVldes that an affiltate of Lender takes a share of the msurer's nsk m exchange for a share of the prerruums paid to the msurer, the arrangement 1s often termed "captive remsurance" Further (a) Any such agreements wdl not affect the amounts that Borrower bas agreed to pay for Mortgage Insurance, or any other terms t>f the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they wiD not entitle Borrower to any refund. (b) Any such agreements will not affect the rights Borrower has -if any -with respect to the Mortgage 1n.rurance under the Homeowners Protection Act of 1998 o.r any other law. These nghts may include the right to receive certain disclosure.,;., to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance te:nmnated automatically, and/or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 11. Assignment of Miscellaneous Procccds; Forfeitur-e. All Miscellaneous Proceeds are hereby as.signed to and shall be paid to Lender Washmgto11 Deed ofTrusl-Smgle F11.m1ly-Fiu1n1e M.ae/Fre.cl,hc i\-Ur 1_:::,aFORM I"vSTRUME{'jT MERS Modilled Fonn 3048 01/01 -THE C~~~~~~~ ~C-11111!11111111111i1i1i11111~IIII Ill llllllllilll~lm1111111urr ,. ~-•~::~:~ c;PM'NOOOS1470J301 \7 KING.WA Document: TDD 2003.0930003049 Printed on 6/22 12006 9:35:36 A.:\.1 Provided by Data Traci: S>~tcm Page 8 of I 9 K!NG,WA '1 Jfficer: I Order: 6373570 Comment: 20030930003049,009 If tbe Property is damaged, such ,Vliscdlaneous Proceeds shall be applied to restoration or repat.r of the Property, if the restora.ti:on or repair 1s econom1cally feas1b[e and Lender's secunty 1s not lessened Dunng such repair and restoration period, Lender shall have the nght to hold such Miscellaneous Proceeds until Lender bas had an opportumty to inspect such Property to ensure the work bas been completed to Lender's sausfactton., provided that such rnspect1on shall be undertaken prvmptJy Lender may pay for the repairs and restoration m a smgle disbursement or m a senes of progress pa)Tlents as the work 1s completed Unless an agreement 1s made m wnt:mg or Apphcable Law requues mlen:st to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any mterest or earrungs on such Mis.cdlaneous Proc:::eds If the restoration or reparr !Snot econom1caily feasible or Lender's secunty would be lessened, the Miscellaneous Proceeds shaJI be applied to the sums secured by this Secunty Instrument, whether or not then due, ,,,,1th the excess, rf any, paid to Borrower Such M1scellaneous Proceeds shall be applied m the order provided form Section 2 In the event of a total taking, dest:ructwn, or 1os_:, m value of the Property, the Miscellaneous Proceeds shall be apphed to the sums secured by th.is Secunty Instrument, whether or not then due, 'Wlth the excess, 1f any, paid to Borrower In the event ofa partial takmg, destruction, or loss m value of the Property m which the fair market value of tile Property unmed1ately before the partial taking, destruction, or loss m value IS equal to or greater than the amount of the sum.5 secured by tins Security Instrument unmed1ately before the partial takmg, destruction, or loss m value, unless Borrower and Lender otheI'Wlse agree m 'J.ntmg, the sums secured by this Secunty Instrument shaJI be reduced by the amount of the M1scellaoeous Proceeds r:1ult1plled by the foiio'wmg fractton (a) the total amount of the sums secured nnmed.iateiy before the partial tak1r.g, destruction, or loss m value d!Vlded by (b) the farr market value of the Property muned.tate]y before the par.ml takmg, dest::ruction, or loss m value Any balance shall be paid to Borrower In the event of a part.ta] tak.mg, destrucuor., or loss m Yalue of the Property m which the farr market value of the Property nnmed1ately before the partta1 taking, destract10n, or los.s m value 1s less than the amount of the sums secured nnmed1ately before the partial takmg, destruction, or Joss m value, unless Borrower and Lender otherwxse agree m WTttmg, the Miscellaneous Proceeds shall be apphed to the sums secured by this Secunty Instrument whether or not the sums are then due If the Property 1s abandoned by Borrower, or 1..( after notice by Lender to Borrower that the Opposmg Party (as defined m the next sentence) offers to make an award to settle a claun for damages, Borrower fails to respond to Lender 'Nlthm 30 days after the date the notice 1s given, Lender is authonzed to collect and apply the Miscellaneous Proceeds either to restoration or repatr of the Property or to the sums secured by thrs Secunty Instrument, whether or not then due "Oppcsmg Party" means the thud party that owes Borrower M1scenaneous Proce:::ds or the party against whom Borrower has a ngbtof action m regani to Miscellaneous Proceeds Borrower shall be m default if any ad1oll ur proceeding, whether ClVll or crumnal, IS begun that, m L:::nder' s Judgment, could resu1t m forfetture of the Property or other matenal 1mparrment of Lender's interest m the Property or ngbcs under tbts Secunty Inscrur::ient Borrower can cure such a default and, 1f acceleratJon has occurred, remstate as proVtded m Section 19, by cau:::mg tl:.e actton or proceedrng to be dJsrmssed 'Nlth a rulmg that, rn Lender's JUdgrnent, precludes forfeiture of the Property or other material impairment of Lender's mt.ere.st m the Property or nghts under this Secunty lnstrumeot The proceeds of any award or claim for damages that are attnbutab1e to the unpamnent of Lender's interest m the Property are hereby assigned an<l shall be paid to Lender All Miscellaneous :Proceeds that are not applied to res1orat1on or repa.u of the Property shall be applied m the order provided for m Section 2 12. Borrower Not R~leased; Forbearance By Lender Not a Waiver. Extension of the time for payment or modrficatton of amort1Zat1on of the sums secured by this Secunty Instrument granted by Lender to Borrower or any Successor m Interest of Borrower shall not operate to re lease the hab1hty of Borrower or any Successors m Interest of Borrower Lender shall not be reqm:ed to commence proceedmgs against any Successor m Interest of Borrower or to refuse to extend time for payr.:ient or otherMse modify amortization of the sums secured by this Secunty Instrument by reason of any demand rnaC:e by the ong:mal Borrower or any Successors m Interest of Borrower Any forbearance by Lender m exerc,smg any nght or remedy mcludmg, W1thout hm1tat1on, Lender's Washmgton Deed orTrus1-Smg.le famtly.fannn: Mae/Freddie :W,1c l'.Nl FOR.!\1 INSTRUME.'\'T MERS Mc,d1fied FonnJ-048 01/DI -THE C-~~;~~~?.:~ !NC-lllllilllll ll1l I llii1iiii~ii111~1~1,11m~11111111I"· Th,~·~=~::~: G P M W D O O 8 2 4 7 S 3 3 O t 1 7 Document: TDD 2003 0930003049 Page 9 of 19 Printed on 6:22.'2006 9:35:37 A.\1 Provided by Data frJc<:: Sys[em KJNG,WA T. fficer: I Order: 6373570 Comment 20030930003049.010 acceptance of payments from tlurd persons, entltiCS. ur Successors m Interest of Borrower or m amounts less than the amount then due, shall not be a waiver of or prec1ude the exercise of any nght or remedy 13. Joint and Several Liability; Co-signers; Successors and AsSigns Bound. Borrower covenants and agrees that Borrower's obhgatJ.on.s and habt!ity shaH be JOmt and several However, any Borrower who co-signs this Secunty Instrument but does not execute the Nok (a "co-stgner") (a) 1s co-s1gnmg tlus Secunty Instrument only to mortgage, grant and convey the co-signer's mterest tn the Property under the terms of this Secunty Instrum-::nt, (b) 1s not personally obligated to pay the sums secured by tbs Secunty Instrument, and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accornrnodat:lons Mth regard to the terms of thzs Secunty Instrument or the Note vnthout the co-s1gnt:r's consent SubJect to the proY1s10ns of Sect10n 18, any Successor m Interest of Borrower who assumes Borrower's obhgat1ons under tbts Secunty Instrument m 'Nr:ttmg, and 1s apprm'Cd by Len<ler, shall obtam all of Borrower's ngb.ts and benefits under this Secunty Instrument Borrower shaII not be released from Borrower's obhgations and hab1hty under this Secunty Instrument unless Lender agrees to such release m wntmg The cover.ants and agreements of this Securrty Instrument shall bmd (except as pro'Y1ded m Sechon 20) and benefit the successors and assigns of Lender 14. Loan Charges. Lender may charge Borrower fees for services performed m corutect10n Wlth Borrower's default, for the purpose of protectmg Lender's mteres.t m the Property and nghts under th1s Secunty Instrument, mcludrng, but not limited to, attorneys' fees, property mspecuon and valuatwn fees In regard to any other fees, the absence of express authonty 1r. this Sccunty Instrument to charge a specific fee to Borrow~r shall not be construed as a prohtbttlon on the chargmg of .:;uch fee Lender may not charge fees that are expressly proh1b1ted by tlus Secunty Instrument or by Apphcabic Law If the Loan 1s subJect to a law which sets maximum loan charges, ar.d (bat law ts finally mterpreted so that the mterest or other loan charges collected or to be evllected m cormect1on "'1th the Loan exceed the pernutted hm1ts, then {a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted hm1t, and (b) any sums already collected from B0rrowerwb1ch exceeded perrmtted hnuts >vtll be refunded to Borrower Lender may choose to make this refund by reducing the pnnc1pal owed under the Note or by ma.kmg a drrect payment to Borrower If a refund reduces pnnc1pal, the reduction W1!l be treated as a parual prepayment Wlthout any prepayment charge: (whether or not a prepayment charge 1s provrded for under the Note) Borrower's acceptance of any such refund made by direct payment to Borrower will constltute a waJVer of any nght of actton Borrower might"bave ansmg out of such overcharge 15. Notices. All notices given by Borrower or Lender m connection With this Secunty Instrument must be m wr1tmg Any notice to Borrower m connection mth this Secunty Instrument shall be deemed to have been given to Borrower when ma1Ied by first elass mail or \Vhen a.ctually delivered to Borrower's notice address tf sent by other means Nottce to any one Borrower shall constimte notice to all Borrowers unless Apphcabk: Law expressly requires otherwise The notice address shall be the Prnperty Address unless Borrower has designated a substitute notlce address by notice to Lender Borrower shall promptly notify Lender of Borrower's change of address If Lender specifies a procedure for report.mg Borrower's change of address, then Borrower shall only report a change of address through that specified procedurt! Tbere may be orJy one designated notice address under tlus Secunty Instrument at any one tlme Any notlce to Lender shall be given by dehvermg it or by mailmg 1t by first class mall to Lender's address stated herem unless LenC:er bas designated another address by notice to Borrower Any notJ.ce m connection with this Secunty Instrument shall not be deemed to have been given to Lender until actually received by Lender [f any notice reqmred by tlns Securny lnstr'Jrnent ts also required under Apphcable Law, the Apphcab1e Law requirement wil1 satisfy the correspond.mg rcqmremer:.t under tlus Security [nstrument 16. Governing Law; Severability; Ru{es of Construction. This SeCllnty Instrument shall be governed by federal law and the law of the Junsdicbon m which the Property 1s located Alt ngbts and obltgalions contarned m tlns Secunty Instrument are subJect to any requirements and hnutahons of Apphcable Law Apphcable Law might exphc1t)y or 1mphc1tly allow the parties to agree by contract or it might be sdent, but such silence shall not be construed as a proh1b1t1on agam.st agreement by contract In the event that any prov:mon or clause of this SeclUlty Wuhmttm1 Dtttl orT!'llst•Smgle Farrnly-firnrue Mac/Fr001.he i\1.a~ UN1FOro.[ INSTRUMENT MERS Modified form 3048 fHJOI -IEE c~~~~~-;~~:~~ INC -111111 IIIII Ill I l~iil~ i,i [111111 ,~ 11111111 ill m ~ Ill ill I~ 1111 ° n. ~~,::;:~'.~ G P M ~ D O O a i ~ 1 6 3 3 0 1 1 7 Document: TDD 2003.0930003049 Page 10 of 19 Printed on 6.:22/2006 9:35:37 AM Provided by Data Tr~cc S;stcm KTNG,WA ·1. _Jfficer: I Order 6373570 Comment: 20030930003049.011 Instrument or the Note confllcts with Appl:cablc Law, such conflict shall not affect other proV1s1ons ofth1s Secunty Instrument or the Note whrch can be gi.ven effen W!thout the confhct:mg provision As used m tins Secunty lnstrument (a) words of the mascuhne gender shall mean and mclude correspondmg neuter words or words of the femmme gender, (b) words m the smguJar shall mean and mclude the plural and vice versa, and (c) the word "may'' gives sole discre!J.on without any obhgatwn to take any actrnn 17. Borrower's Copy. Borrower ::;ball be grven one copy of the Note and oftl:us Seclmt-"J Instrument UL Transfer of the Property or :a Beneficial lnter-~st in Borrower. As w;ed m th.is Section 18, "Interest m the Property" means any legal or benefi.:1al int~rest m the Property, mcludmg, but aot ltm1ted to, those beneficial mterests transferred Ln a bond for deed, contract for C.ecd, mstallment sales contract or escrow agreement, the intent of -...vlucb 1s the transfer of title by Borrower at a future date to a purchaser If all or a..ny part of the Property or any lr:terest m the Property is sold or transferred (or if Borrower ts not a natural person and a beneficial wterest m Borrower is sold or transferred) without Lender1s pnor wntten consent, Lender may require muned1ate payment m foll of aU sums secured by this Secunty Instrument However, tlns option shall not be exercised by Lender 1f such exercise 1~ proh1b1ted by Apphcable Law If Lender exercises tlus opt.Jon, Lender shall g:ve Borrower nonce ofaccelerat1on The nol:J.ce shall proV1de a penod of not less [ban 30 days from the dare the notice ts given m accordance v.i.th Section 15 mthm which Borrower must pay all sums secured by this Secunty Instrument If Borrower falls to pay these sums prior to the expuatton of tlns penod, Lender may mvoke ar.y rcr:i.ed1es permitted by this Secunty Instrument wrthout further nottee or demand on Borrower 19. Borrower7 S rught to Reinstate After AcceJeratton. If Borrower meets certam cond1t1ons, Borrower shall have the nght to have enforcement ofthis Secunty Instrument discontmued at ac.y tune prior to the earliest of (a) five days before sale of the Property pursuant to any power of sale contamed m this Secunty Instrument, (b) such other penod as Applicable Law IIllght specify for tbe terrnmat1on of Borrower's nght to remstate, or (c) entry of a Judgment enforcing this Secunty Instrument Those condrnons are tru.t Borrower (a) pays Lender alt sums which then would be due under this Secunty kstrument a;~d the No~ as if no acceleration bad occurred, (b} cures any default of any other covenants or agreements, (c) pays all expenses mcurred m enforcmg tlus Secimty lnstnnnent, mciudmg, but not hmtted to, reasonable attorneys' fees, property mspect1on and valuatwn fees, and other fees mcurred for the purpose of protecting Lender's rntere::-t 111 the Property and nghts under this Secunty [nstrument, and (d) takes such action as Lender may reasonably require to assure that Lender's mterest m the Property and nghts under this Secunty Instrument, and Borrower's obligation to pay the sums secured by trus Security Instrument, shall contmue unchanged Lender may require that Borrc1,ver pay such remstakment sums and expenses m one or more of the followmg forms, as selected by Lender (a) cash, {b) money order, (c) certified check, bank check, treasurer's check or cash.J.er's check, provided any .such check 1s dra'Wn upon an mst.Ituhon whose deposrts are msuced by a federal agency, instrumentality or entlty, or (d) Elcc:rornc Funds Transfer Upon remstatement by Borrower, this Security Instrument and obligations secured hereby shall, remam fully effective as 1f no acceleration had occurred However, this nght to reinstate shall not apply m the c?-Se of accde;;at.Jon under SectJon 18 20. Sale of Note; Change of Loan Servicer; '.'.iobce of Gnevance. The Note or a partial interest m the Note (together wttb tlns Secunty Instrument) can be sold one or more Umes without pnor nottce to Borrower A sale might result m a change m the entity (kno'Nll as :he "Loan Semcer"') that collects Penod1c Payments due under the Note acd tlus Secunty Instrument and pe:forms other mortgage loan semcmg obhgahons under the Note, this Secunty Instrument, and Appftcable Law There also m1gbt be one or more changes of the Loan Servicer WU"elated to a sale of the Note If there 1s a change of the Loan Servicer, Borrower Mil be given wntten notice of the change wb1ch will state the name and address of the ne,.v Loan Servicer, the address to which ra)Tilents should be made and any other mfunnat.Jon RESP A requires m ccnnection with a nonce of transfer of serv1cmg If the Note 1s sold and thereafter the Loan is se!Ylced by a Loan Servicer other than the purchaser of the Note, the mortgage Joan serY1cmg obhgattons to Borrower will rernam Wlth the Loan Semcer or be transferred to a successor Loan Serv:tcer and are not assumed by the Note purchaser unless otbern1se provided by the Note ptrrchaser Neither Borrower nor Lender may coomience, Jom, or be JOtned to any JUd1c1al action (as either an mdtY1duaJ hug.ant or the member of a class) that anses from the other party's actions pursuant to thls Secunty Wuhmgton Deed ofTrust-Smgle FamJ!y-Faume Ma1!/FreJU!e .\i,ic UNIFORM I1'i'SIRUMENT MERS Modified FonnJ048 01/01 -THE C~P~:~~~:~~ ]NC -1111!11111111111~l1 i1~11111i11 ii,~ Ill/ ~II ill~ Ill ill I~ 1111· T~ ~ •• ~=~~'.~' S P ~ N O O O 8 2 4 1 ~ 3 3 O , 1 7 Document: TDD 2003_0930003049 Page 11 of 19 Printed on 6/22/2006 9:35:38 AM Provided by Dat<.1 1 race System KING,WA 1 Jfficer: I Order: 63 73 570 Comment: 20030930003049.012 Instrument or that alleges that the other party has breJched any provision of, or any duty owed by reason of, th.ts Secnnty Instrument, until such Borrower or Lender has nobfied the other party (with such notice given m comphance with (he requrrements of Section l.S) of such alleged breach and afforded the other party hereto a reasonable penod after the gtvmg of such notice to take corrective actmn If Appltcable Law proVJdes a lime penod which must elapse before certam action can be taken, that time penod will be deemed to be reasonable for purposes of this paragraph The notice of acceleration aud opporturuty to cw-e given to Borrower pursuant to Sect.J.on 22 and the nohce of accelerahon given to Borrower pursuant to Section 18 shall be deemed to sansfy the nobce and opportunity to take corrective act.ton prov1s1oos of this Section 20 21. Hanrdous Substances. As used m this Section 21 (a} "Hazardous Substances" are those substances defined as toxic or hazardous substances, pollutants, or wastes by Envrronmental Law and the follomng substances gasoime, kerosene, other flammable or toxic p~troleum products, toxic pestJc1des and herb1cides, volatile solvents, matenals contamrng asbestos or formaldehyde, and r2.d10acbYe rr.a.renals, (b) uEnVlror.mental LaW' means federal laws and laws of the Junsd.ictton wher::: the Property 1s located that relate to health, safety or envrronmental protecbon, (c) "Eovrronrnenta1 Cleanup" mcludes any response action, remec:hal actJon, or removal action, as defined m Envrronmental Law, and (d) an "Environmental Conditma" means a cond1t1on that can cause, contnbute to, or otherw1se trigger an Envrronmental Clear.up Borrower shall not cause or pen:llt the presence, use, disposal, storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substc'.nces, on or m tb.e Property Borrower shall not do, nor allow anyone else to do, a.nythmg a.ffectmg the Propcrr:1 (a) that 1s m v1olation of any Envtronrnenta[ Law, (b) winch creates ao EnVIronmental ConC1tton, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a cond1tton that adversely affects the value of the Property The precedmg two sentences shall not apply to the presence, use, or storage on tbe Property of small quant1t1es of Ha.za.rdous Substances that are generally reCogmzed to be appropnate to normal residential uses and to mamtenance of the Property (rncludtng, but not hm1ted to, hazardous substances. m cor.sumer products) Borrower shaU promptly give Lender ,,mttcn notice of (a) any mvestigahon. clatm, demand, lawsmt or other actJon by any governmental or regulatory agency or pmate party mvolvmg the Property and any Hazardous Substance or Envrronmental Law of which Borrower has actual knowledge, (b) any EnvrronrnentaI CondrtJon, mcludmg but not hrmted to, any sp1lhng, leakrng, d1sch:u-ge, release or threat of release of any Hazardous Substance, and (c) any cond1tton caused by the presence, use or release of a Hazardous Substance which adversely affects the val:ue of the Property If Borrower learns, or is notified by any governmental or regulatory authonty, or any pnva.te party, that any removal or other remediat10r. of :my Hazardous Substance affectmg the Property 1s necessary, Borrower shall promptly take all necess2r; ref:)edrnl actJons m accordance 'N1th E.nvu-onmental Law Notbmg herem shall create any obllgat1on on Lender for a-:1 EnvmmmentaJ Cleanup NON·UNlFO.R.;\1 COVENA.t'\fTS Borrower anC Lender :forther covenant and agree as follows 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration foJlowing Borrower's breach of any covenant or agreement in this Secunty Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otbenvise). The notice shall specify: (a) the default; (b) the acbon required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specdied in the notice may result in acceleration of the rums secured by this Security Instrument and sale of the Property at public auction at a date not less than 120 days in the future. The notice shall further inform Borrower of the right to reinstate after accderationi the right to bring a court action to assert the non- e::dstence of a default or any other defense of Borrower to acceleration and sale, and any other matters required to be included in the notice by Applicable Law. If the default is not cured on or before the date specified in the notice, Lender at its option, m::iy require immedlllte payment m full of all sums secured by this Security Instrument mtllout further dem.l!ld and may invoke the power of sale and/or any other remedies permitted by Applicable Law. Lender shall be entitled to coJlect all expenses incurred in pursuing Washmgttin Dee!.I orTrust·Srngje Farru!y.fanme 1\J;wJF're<ld1e .,1~~ l';-;'lfOR.i'f INSTRL'MENT MERS :\lfochfied Form 3048 l.tl/91 -1'!E C-~~'.~:~.~~~~, INC-/i/111111/i 11111f 1iii i1l1i1iiii1111~11111~11m111111~11111111r >M =•~~;:~ ~ G P M N D O a a 2 4 7 8 J J O 1 l 7 Document: TDD 2003 .0930003049 Page12ofl9 Printed on 6/22/2006 9:35·38 A\1 Provided by Dc1tc1 Trace System KfNG,WA 1 ,fficer: 1 Order: 6373570 Comment: 20030930003049.013 the remedies provided in this Section 22, iilcludmg, but not limited to, reasonable attorneys• fees and costs of title evidence. ff Lender mvokes the power of sale, Lender shall give written nobce to Tru.stee of the occurrence of an event of default and of Lender's election to cause the Property to be sold. Trustee and Lender shall take such action regarding notice of sale and shall give such notices to Borrower and to other persons as Applicable Law may require. After the t.tme required by Applicable Law and after publication of the notice of sale, Trustee, without demand on Borrower, shall sell the Property at public aucnon to the highest bidder at the time and pJace and uoder the terms designated m the notice of sale m one or more parcels :and in any order Trustee determines. Trustee may postpone s;3[e of the Property for a period or periods permitted by Apphcable Law by public announcement at the lime and place fixed m the notice of sale. Lender or its designee may purchase the Property at any sale. Trustee shall deliver to the purchaser Trustee's deed Conveymg the Property without any c.ovenant or warranty, expressed or implied. The ree.itals iu the Trustee's deed shall be pnma fade evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order- (a) to all expenses of the sale, including, but not limited to, reasonable Trustee's and attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legaJly entitled to it or to the clerk of the superior court of the county fo which the sale took place. 23. Reconveyance. Upon paymer:t of all sums secured by this Secunt<; Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Secunty Instrument and all notes evtdencmg debt secured by this Secunty Instrument to Trustee Trnstee shall reconvey the Property without warranty to the person or persons legally entitled to 1t Such persor; or persons shall pay any recordatlon costs and the Trustee's fee for prepanng the reconveyance 24. Substitute Trustee. In accordance ·with Applicable Law, Lender may from time to time appomt a successor trustee to any Trustee appomtcC hereunder who has ceased to act Without conveyance of the Property, the succesS-Or-trustee shall succeed to all the titk, pmver and duties conferred upon Trustee herem and by Apphcable Law 25. Use of Property. The Property 1s not used pnnc1paily for agncultural purposes 26. Attorneys' Fees. Lender shall be entitled to recover its reasonable attorneys' fees and costs many actmn or proceeding to construe or enforce any term of th1s Secunty Instrument Tbe term ''attorneys' fees", whenever used m tlus Secunty Instrumer.t, shall mclude v.1thout hrrntatlon attorneys' fees mcurred by Lender many bankruptcy proceedmg or on appeal ORAL AGREEMENTS OR ORAL CO:.L'1ITMENTS TO LOA.'! MONEY, EXTEND CREDIT, OR TO FORBEAR FRO:\! Ei'il-'ORCING REPAYMEYT OF A DEBT ARE NOT ENFORCEABLE UNDER WASHINGTON LAW. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contamed m this Secunty fnstrument and many R.id~r executed by Borrower aP.d recorded with it Washmgton ~d ofTru5t-Smgle Family~Fimnie Mae/Fredtl1e Mac t:NIFOR'1 INSTRUMENT !HERS l',fod1fied FormJ048 01/01 -n,. c.~~:~~~::~ INC -lllllilllll! 111 l l~li:i Ill i11i111111111111111111m1~11~ 111111 mr ""c-.~:;:::~ GPMW00:l~2~ 7~33Q 11 7 Document: TDD 2003,0930003049 Pagel3of19 Printed on 6,.:22:2006 9:35:39 AM Provided by Datd Twee S:,.;~em T fficer· I Order: 6373570 Comment: Witnesses Prmted Name {P/e;;,.s9 Comp/9te,' Pnnted Name [PN!ase Ccmp!e/ej 20030930003049.014 (Seal) -Borrower [Pnnl.ad Name} (Seal) -BOIIOWN [PnntfJd Name/ (Seal) -Borro\1/er (Pnnled Nam6/ (Seal) -Borrower [Prmferf Name] _____________ [Ac:knowledgmen/ vn Followmg Page} ____________ _ Wash1ng1on ~ed ofTrust-Smgle Farmly-hnme M.i1~/Fntld1t Mlle UNIFORM 1"STRUl\{EI'iT MERS Mod1fletl Form 3048 Dl/01 -THE c~~:~!~~~:~ INC -111111/ 11111 II!/ I l~liii i~ 11111111 ill Ill rll llll!II ~~Iii 1111 lllf CSo -~ITT,:~~ G P M W O O O 3 2 t T 8 3 3 0 1 1 7 KfNG, WA Document: TDD 2003 .0930003049 Page 14 of 19 Printed on 6/22/2006 9:35:39 Al'vl Provided by Data Trace S0stem 1. Jfficer: I Order: 6373570 Comment: State of {0n /, 'er µ County of /:iii..J § § ss § I certify that I koow or have satsfactory e\1dence that 20030930003049.015 ,....-, :\ [name of person j 1s the person who appeared before ~~:~::.a1\l pcrsvn(s) acknowledged that (he/she~1gned tht5 mstrument and acknowledged it to be (his/her~et: aod voluntary ad for the uses and purposes mentioned m the mstnunent Dated '1-Z-S-03 (Seal) (T,d&z:?71 ~,,,,//, ,; t:r~'i/Vt£ (Place of Residence of-:,.iotary Public) , ,~ ,,1-,,;£ tf. M f Pnnied Name/ Wasbmgton Deed ofTrust,SmgJe Farmly-Fanme M.11,~'J,'redd1e i\tac CJ',1FORJH INSTRUMENT MERS M0U1Iie<l FDrm304S. OVDl -DIE c;:~~:~'.;.~~~~ !NC -11111111111 m I llltli iii 111!:~11111111111 :1111111 ill 1111111 if 111r -~ .. =~:.~' G P ~ w D 0 a 8 2 4 7 8 3 3 O 1 1 7 KJNG, WA Document: TDD 2003 .0930003049 Page J 5 of 19 Printed on 6/22/2006 9:3 5 .40 A1\rl Provided by Data fr;icc S:, stem KJNG,WA ·1 fficer: I Order: 6373570 Comment: 20030930003049.016 Loall Number: 0082478330 ADJUST ABLE RA TE RIDER (LIBOR Index -Rate Caps) THIS ADJUSTABLE R.<\TE R1DER 1s.maC.e this 24th day of September, 2003, an<l 1s incorporated mto and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt (the «Secunty Instrument") of the same date g.iven by the 1.mders1gned (the "Borrower") to secure the Borrower's Note to GreenPoint :Mortgage Fundmg. Inc. (the "Lender'') of the same date and covencg the property described m the Secunty Instrument and located at 710 South 23rd Street, Renton, WA 98055 (P,·operty Address} THE NOTE CONTAI!'IS PROVJSJONS ALLOWING FOR CHANGES IN THE 1:-ITEREST RATE ·"'"D THE MONTHLY PAYMENT. THE NOTE LIMITS THE A.VIOUNT THE BORROWER'S INTEREST RATE CAN CHAi'iGE AT ANY ONE TIME AND THE MAXIMUM RATE THE BORROWER MUST PAY. ADDITIONAL COVENANTS. In addition to the cover.ants and agreements made m the SeclU1ty Instrument, Borrower and Lender further coven.ar,t and agree as foJlows A. INTEREST RA TE AND "1DNTHLY PAYMENT CHANGES The Note provides for an m1tral mter:'..'!.st rate of 5.625% The Note proVIdes for changes m the mterest rate and the monthly payments, as follows 4. INTEREST RATE AND MO"IIBLY PAYMENT CHANGES {A) Change Dates The mterest rate I wtll pay r.i.ay change on the fir.:;t day of October, 2006, and on that day every sncth month thereafter Each chre 0n which my mterest rate could change rs called a "Change Date" (B) The Index Begmmng W1th the first Change Date, my mterest rate will be based on an Index The "Index'' rs the average of rnterbank offered rates for stx-month US dollar-denommated deposits m the London market ("LIBOR''), as published m The Wall Street Journal The mo t recent Index lruttals D ___ _ Mu.lhstateAtlj1nhible Rate Rlder{LIBORlndex}-Stnglc Fa..'T'.1iy-FnxhJ1e Mac UNIFOR.."rl INSTRUME.,,'T Fol"IJI 31'2 J/01 -TflE c~~'.:~~~:~ me-1111/jj 111111~11111111i1iii1i111111 ~I Ill/HI 11,rn ~ !111/l lllir "' "-.::_~,:~ ~ G P M W O O O 8 2 4 7 a 1 J g I 1 7 Document: TDD 2003 .0930003049 Page 16 of 19 Printed on 6 1'221:2006 9:35:40 AM Provided by Da1a Trace S}'>tl.'m KlNG,WA Ti _fleer: l Order: 6373570 Comment 20030930003049.017 figure available as of the first business day of1he month 1mrned1ately precedmg the month m which the Change Date occurs 1s called the "Current Index " If tbe Index 1s no long~r avaliabl~, the Note Holder will choose a new mdex that 1s based upon comparable mforrnation Tb.e Note Holder ~,n give me notice ofth1s choice (C) Calculation of Ch,mges Before each Change D;1.te, the ~etc Holder will calculate my new mterest rate by addmg Two and 250/lOOOths percentage pomts (2.250%) to the Current Index The Note Holder will then round the result of this addttlon to the nearest one-eighth of one percentage pomt (D 125%) SubJect to the hm1ts stated m Sectior, 4(D) below, this rounded amount Will be my new mteres.t rate unU1 the next Change Date The Note Holder Wlll then deterrmne the amount of the monthly payment that would be sufficient to repay the unpaid pnnc1pal that I am expected to owe at the Change Date m full on the matw"1ty date at my new interest rate m substantlaHy equal payments The result ofttus calculat!on mI1 be the new amount of my monthly payr:aenr (D) Limits on Interest Rate Changes The mterest rate I am reqmred to pay at :the first Chacge Date mll not be greater than 10.625% or less than 2.250% Thereafter, r.iy mterest rate will never be mcreased or decreased on any s.mgle Change Date by more than one percentage pomt (l %) from the rate of mterest I have been paymg for the precedmg six moutbS My mterestrate 'k,ll never be greater thac 11.625% (E) Effective Date of Changes My new mterest rate wi:1 become effectIVe on each Change Date I will pay the amount of my new monthly payment begtnrung on the first monthly payment date afier the Change Date until the amount ofmy monthly paymer.t char:ges agam (F) Notice of Changes The Note Holder W11l deliver or r:::ia1l to me a notice of any changes m my mterest rate and the amount of my monthly payment before the effective date oi any change The notice wtl1 rnclude mformation rcgurred by law to be giver. to 1:1e and also the utle and telephone number of a person who Wlll answer any qut:sllou I ma.y have r~g:ardmg the not.cc B. TR'-""ISFER OF TifE PROPERTY ORABENEFlCIAL INTEREST IN BORROWER Urufonn Covenant l 8 of the Secunty Instrument 1s amended to read as foUows Transfer of the Property or a Beneficial Interest in Borrower. As used m this Section 18, "Interest m the Property"' means any legal or beneficial interest m the Property, mcludmg, but not hrmtcd to, those beneficial mterests transferred ma bond for lmnals ilo f2LO '.'r'Iulftshlte Ad1ust.able R.3,te Rider (LIBOR Iooex)---S1..1glc ?an!!li,--Freddte Mac UNIFOR.\I rNSTRUMENT Form 3192 1/01 -THE COMl"LJANCE SOURCE, INC.-Page 2 of 4 :J4609MU t3IO& llll!lllllilllll~llllllllmllllllllllllllil~!lillf TI•Q~-S-,_ GPMWD~0324 7$33011 7 Document: TDD 2003.0930003049 Page 17 of 19 Printed on 6/22.2006 9:35:41 A.VI Prov1d~d b) D<HJ frac..: SJ stem KING.WA '] 1fficer: I Order: 6373570 Comment: 20030930003049,018 deed, contract for deed, installment sales contract O[ escrow agreement, the wtent of which 1s the transfer oft1tle ·:::iy Borrower at a future date to a purchaser If all or any part of the Property or any Interest m the Property 1s sold or transferred (or ifa Borrower 1s not a natural person and a beneficial mterest m Borrower is sold or transferred) IA'Ithout Lender's pnor wntten consent, Lender may require 1mmed1ate payment m full of all surr.s secured by this Secunty Instrument However, this optmn sbalI not be exercised by Lender 1f such exercise is proh1b1ted by Applicable Law Lender atso shall not exercise this option 1f (a) Borrower causes to be submitted to Lender mfonnat1on reqmred by Lender to evaluate the intended transferee as 1f a new loan were bemg made to the transferee, and (b) Lender reasonably detennmes that Lender's secunty wtll cot be tmpa!!ed by the loan assumption and that the nsk of a breach of any covenant or agreement m this Security Instrument 1s acceptable to Lender To the extent perm1ttc:d by Applicable Law, Lender may cba.rge a reasonable fee as a cond1t10n to Lender's consent to tbe loan assumption Lender may also require the tr.insferec to sign an assumption agreement that JS acceptabb to Lender am! that obligates the transferee to keep all the promises and agreements made m the Note and m this Secunty Instrument Borrower w11l continue to be obligated under the Note and this Secunty Instrument unless Lender releases Borrower m wntmg · If Lender exercises the option to require anmediate payment 1il fuJI, Lender sball give Borrower notlce of accelcratwn The nonce shall proVJde a penod of not Iess than 30 days from the date the notice is given rn accordance Wlth Section 15 wtthm which Borrower must pay an sums secured by this Secunty Instrument If Borrower fails to pay these sums pnor to the expiration of tlus penod, Lender may mvoke any remedies pemutted by this Secunty Instrument without funber notice or demand on Borrower y Borrower acc-cpts ar,d agrees to the terms and covenants contained m tills (Seal) (Seal) MuJnstate AdJustable Rli,te R..tder (LIBOR hda:}-Smgk, fillill/y-Fretld.ie :\fac ffi",1FORi'H JNSTRUMEl"ff Fonn3192 !/01 -THE C-~~~:~.:~~ me -11111,i m1111, 1111flii111 ii,~11111/f 1111111 mi~ llllill 1~ 11ir = ~~=~~.~ G P M W D O O S 2 ~ 7 ~ ] J O 1 1 7 Document: TDD 2003.0930003049 Page 18 of 19 Printed on 6i22i2006 9-35 :41 AM Provided by Dat:.i rr:ice S: stem ·1 )fficer: I Order: 6373570 Comment' 20030930003049.019 -Borrower -Borrower (Seal) (Seal) -Borrower -Bo..rrowcr Muihstilte AdJu!>f;ibk lUtl" Rider (LIBOR lnde.x)-Smgle F =ly--Freddie 1I.ac Ul'l'IFOAA[ INSfRUMR."',,'1' Fonn 3192 1/01 -Tm: COMPLIA."ICE SOURCE, !Ne.-Page 4 of 4 r111111111111.i 111111111m1111~11111111111111m111111111111mr .~ ~~-· -·~ G ~ ~ w D O O 8 Z , 7 8 3 J O 1 1 7 KING, WA Document: TDD 2003.0930003049 Page 19 of 19 Printed on 6.'22,.'2006 9·35:42 Atv1 Provided by Data Trace Sy;tem 1 Jfficer: I Order: 6373570 Comment: 20030930003051.001 1111111111111m111111111r 20030930003051 , RECORDING REQllESTED HY Ar,;D "''hen Recorded Return to; MorEquity, Inc. 600 N. Royal Ave. Evansville, fN 47715 ~a~~l ri~:eiSUB 19.00 19/38/2083 16:~~ KlNG COUNTY, UR SUBORDINATION AGREEMENT # 34492417 Mortgagors: Robert P. Ott and Renee L Ott Mortgagee: Mo:r-Equity, Inc. 0 CHICAGO TITLE INS. CO REF# I\\ "3\''Ha -I Mortgage: Date: December 17, 2002 Date Recorded: December 23, 2002 Pnncipal Amollllt: $ 21 500.00 Recording No. 2002 I223002590 County Recorded. King County Legal Descnption of Property. ~ ~s attaEA:eS. dese:rzptten Address of Property: 710 South 23rd Street Renton, 'A'A 98055 Lender (Requesting Subordi11 ation): Greenpoint Mortgage Fwiding,. Inc. KNOW ALL MEN BY THESE PRESENTS, teat Mortgagee, on the date set forth below, for valuable cons1derat1oc pa1d to 1t ui band, t.he rece:pt of which ts hereby acknowledged, hereby agrees that certam Mongage given by }.fongagors which 1s more fully descnbed above, a legal descnption ofwhlch 1s attached hereio as Exbtb1t A, wb..Lch 1,,1ortgage consttrutes a hen upon the Property above, shall hereafter be subordmatc m hen, pnonty and d1stnbu'bon to the follov.rtng Mortgage held by Lender named above, not exceeding the followwg pnnctpal amount and mterest rate. Principal Amount$ 172,.000_.___0.2_ Dated:--,.-~- Book: Page; Interest Rate: % (per year) County Recorded : ::zoi5~ 7->o O O 3o '-I 'r FURTHER, 1t 1s expressly unde.rstood and agreed that this Subordination Agreement shall not apply to any :-efinancing, renewal or extension of the Mortgage from Mortgagors to Lender. Agreed to on tins O-,-Q Q .-+'-. Mortgagee: rEq Attest: >z.M::t O ~( LJ::::' 1tle· Ass1sta Vice-President, ........ _,,, State of lndi O County of Vanderburgh ..-t--__a::- On tills day, September~, 2003, before me~ the W1ders1gned ind1'V1dual, personally appeared J .A ~ryanak , personally known to me, who acknowledged hunselfto be the Assistant V1ce-Pres1dent of Mortgage Operahons ofMorEqmty, Inc., and that he. as such, being authonzed to do so, executed the foregomg instnunent for the purposes therem contamed by s1grung the narn.e of the corporabon by h:imselfunder the title md1cated y W1T¥SS \Vl--f,~_E;:OF, l ha·ve hereunto set my hand and official seal . ~ -,W, ,~H&-o-L<. __ .. ~~~7/.Te:-/Uor-f-_ (~~l~;e~~N=) ~~c·~_Mzp~/~~!~1z·";-·~·~;:···· ,.,· ... ....,. -···-·-.. _v,.-4 tir\i \··.\· . -/;·:-~~ .. ~?. -! : ... ..J. 0 ~~ . ' ... ,, .. ,,.,,,., KING, WA Document: SUB MTG 2003.0930003051 Printed on 6:22/2006 9:35:-t.2 AM Provided by Data Tr:.Ke S;1 ~km Page 1 of l IJ., TICOR TITLE COMPANY 600 SW 35th Street. Ste 100. Renton. VI/A 98057 (425i255-7575 FAX (425)255-0235 Robert P. Ott Attr.. File No RE 6408873-' O:ti SUPPLEMENTAL REPORT NO. 1 T:1e follow!:1g rnformation ;Sa partial ame;~c:ment of cur Ccr.imitment dated Fet:r1Jary 27, 2008 ar.C :s :1or 1ntenc!ed to ~epresen: a complete report :o da:e There have been no changes since April 22, 2008 to our report EXCEPT: Supplemental Report No. 1. Da!ec Apn: 25. 20C8 mw cc !!It TICOR TITLE ilVIPANY r.oo SIi J'Jth Street, Ste 100. Renton, II \ '181157 ~.;: .'5"' ·,-.;---.:; F \\ 1--l~.~ 115) 02S5 D.Jro: Febru2:y 27. 2008 ar 08:00 AM P··,.:;:.:irpc.J For i--t)Cf!r-! p_ Ot: INQUIRIES SHOULD BE MADE TO: !.J\JiT 1 :425:255.7472 Dor ·pa Rcettt:i Order i\:c.: Your Reference: Charge: Tax: PLAT CERTIFICATE SCHEDULE A TITLE IS VESTED IN: Robert P. Ctt anc Penee L .. Ott, husband and wife LEGAL DESCRIPTION: 6408873-1 Ott! $ 250 00 $ 2225 r rac; : 5. P1ar .,o. 2. Rell[O:' Co-Operative Coai Company's Acre Tracis. according to ti1c piat t!1ereof recordcc in Vclur:-:e 9 of ?i21s. page(S) 27. in King County. \N2shington; EXCEPT the west 70 feet tl,ereof: AND E.XCEPT the e2s1 1 OC feer thereof. Po, ,cy No. 6408873-1 LEGAL DESCRIPTION SCHEDULE A CONTINUED r·ie :and ,eferred :o rere1n is described 2.s follows· r~1.c1 15. P:at ~Jo. 2. Renton Co-Opera:11,,e Coal Company's Acre Tracts. according to the piat tne~ecf ceco,cec ,r, 1/olurne 9 c: Plats, page(s) 27, ,n K,:19 County, Washington; EXCEPT the west 70 feei tnerecf; AND EXCEPT t'.le east 100 feet thereof. /\GAINS T: iN FAVOFl OF A~.!OUf'. T E\J TE RED: .'<'•NG COUNTY JUDGMENT NUMBER SUPERIOR COURT CAUSE NUMBER: ATTORNEY FOR ,cortinued) Rooert Ott HSC Real Estate Inc. $1.855.80 Apr:I 29, 2003 03-9-06133 · 03-2 -23981-0 JUDGMENT CREDiTOR: Joseph Dcy!e Puci<.et, Tcce effect ot said rnatter(s, depends upon the identity of the debtor. Please have tne confidentiai r:formaticn statement(s) attached to this Cor;imi;ment completed and returned to this office at le2st !hr::.:~ -:.::::/S prior to ·:lose in order for the crnrpany to mJ.ke a final determination Z!S tc :he effect of said '"Tia::us. C c_-:;:.;,1 er:1I orcperty taxes ar.d special distr:ct c~arges, as follows, together with interes:, cenaity 2.r:C staLi'.:Jr; foreclos~.re cosis, if any, after delinquency: •.1 st halt deiinquent on :Vlay 1st; 2nd haif dcl:nqucnt on November 1st) Totz:: Taxes for Ye2r 2008 A:ncu~t Billed: $2.084.91 Anour:t P2;d: $0.00 Amount Dtce: $2,084.91 T:-:x Account NLjn1ber: 722200-0090-Cci :...evy Code: 2 i JC, C1:rrent Assessed V2.l:.1e: Land: $137.000 LIO !:-:"'.provements: $75.000.00 NOTES: A. Abbreviated ~egai for purposes cf Kinr; County Pocorders Office 1s: Ptn Tract 1 S. Pl2t #2. Rentcn Co Op Coed Co's Acre Tracts, Vo! 9,27. tl fi'.e records oi King County and1or our inspection indicate that the address of the ie1crcNement :cc;:ued 0,1 said J3;1d is: . .7: O Sot,tn 23rd Street .~ent:y:, IN A 98055 A Single Fc:rni'.y Residence C T'·ere 2r2 f\!O Cor111eyzmces affecting sa.c :and recorded within 24 rnontt1s of tt1u cate o~ ::11s ,e~cr;. l..... .A.l: n:r11tc:s t·ave bern1 cie2rec for ALT,.11._ Ext2r,Ced Loan Policy covera;;e 2r:d10~ rlorreowr.ers =:ndcrsenier:t c::Jverar;c. Ticor Title Company ,},!ember of the Fide'ity 1'.ation2; rinancial, Inc. group of companies; Fidelity National Financial Group of Companies' Privacy Statement July 1, 2001 Vis !eccy:11ze anC respect the privacy expecta:io1s of roda/s consumers and the requirerr.ents of appiicabie tedC'.'2.1 ard st2ts pri'i;Jcy !aws. '.Ne believe that making yc:u awz:re cf how we use your ncn -public personal informaticn ("Person2: Hc,-,•·1::c:·", a:cd :o wr,orn it is disclosed, will form '.ne basis for a relationship of trust between us and 1he puolic that we ~2-r..-,~ n-1~; Prl 1i2cy Statement provides that exoic.r'.c1ton. ~Ve reserve the right to change this Privnc; S~2terncr;t !~or:: '.:'~·:2 :c L:;L; :;011siste•:t 1Nith z,policable privacy L2v,,s. In the course of our business, we may collect Personal Information about you from the tallowing sources: F:oni zipplications or other forrr.3 .ve receive from you or your authorized represcntati\1e, F'om ;our transactions with, or ''om ,ho services being perforcned by us. our affiliates. or mr,ers. F~orr! our in[ernet web sites: r~cm tr.a pubiic records maint:i~ed by government entities that we either obtain cirectly frorn tt;ose 2r 1 tit1es. or ~rem our affiliates or c:t!".ers: 2.nc Fmm cons:...Hr;er or orher reporti;;~J .::gencios Our Policies Regarding the Protection of the Confidentiality and Security of Your Personal Information \h-2 ;nJ:nuir· phys;c:::L electronic and procedL:r:tl safeguards to protect your Personal lnformaton frcrn Llria~:thonzec .:::.ccess Gr :r·,t;us:cn. 1Ne lirn;r access to the Persor.a.l Information only to those employees who need Sdch access :n ccn11ec:;cn ·vv1:h pmv1ding prodt;Cts or serJices to you or for othar legitimate business purposes. Our Policies and Practices Regarding the Sharing of Your Personal Information ',/J.:; i'\t!.y s:~~~re your Perscr1a! lrformation with ou affiriates, such as insurance companies, agents, and o:her rea: estme se:::i.::n::::r.i ser·.;ice p1·c:,1iders. 1Ne 2lsc may disclose y:ur Personal lnfcrmat:on: to :igents. brokers c-r represent2.h1 es :o prcvide you with ser1ices you nave requested: to trmd-p2r1y contractors or s;:;-~vi::::e prv1iders who provide ser,;ices er perform :::arke:!Pq ::;:( orher functio,~s :Jn ::x:r behc1lf: 3nd UJ ,Jt:'1ers wit.1 ·.vt·,crn we enter into joint n1aketing agreements for prodLc:s or services tr1at ~ve belie'1e yJL :1uy iind of ;r.terest. 1;1 Jdc.'ition, we wi!I disciose your Personal Information when you direct or give us perm:ssion. ~vr1en we are reGuired by ,aw :o do so. or when we suspect fraudulent or criminal acti 11ities. We a!so may disclose your Personai !nfcrrnntion wf1er o'.hentli3e pe.mit~ed by applicable privacy laws sLch as. for example, when disclosure is needed to enforce our rights c.trising out of any agreement. :ransaction or relaiicns,"1ip ·~vith you. One cf l~e 1mpcrtrnt responsibilities of some or cur aff:!iJ~ed companies is to record documents in ~'.le pt_;b\""c cor:1ain. S:_.ch doCLill~ents 111;::y contain lC::ur Personal lnforr:1,1,tior:. Right to Access Your Personal Information and Ability To Correct Errors Or Request Changes Or Deletion Cc:'LJ.i11 st::tes .J.ffcrd /CU !he rl;,:1t to access ycur Personal Information and, under certain circumstances. tc-lir,d OL~T tc wr:orn ycu Person:11 !~fcrrT,2::ior, r'12s been discicsed. Also, certain states afford you the right to request ccr:ection, J.,·1oi~Crne:1: or deietior· :JI yo:..1r Personal lnfor;-::ation. 'Ne reserve the right. where permited by :avv. to charge 2 1·::,:son;-1b!:} ree tc :cHer tre costs incurred in respo1~.ci:-1g to such requests. r'\,! r~:qt:ests :y·;~Jsi be :r:;1de :n Nriting to Ir';e fc!lowi~'g address: Multiple Products or Services P:·!·JJ.:y Compliance Officer FideL:y Na1ior•zi.l Financial, Irie. 301 P1'1ersidc Avenue ,;2cksc1h die. FL 32204 i' Ni.: ;.y:;·./cw /GL: ··,v:r· :T,c(J ·:3r. cr:e financi2! p1Jduct or se~11ice, you ma; receive rncre tt-12..1 ::.i1~;;.:: ~rivacy-: G[:c:e :,e,1: ~.s 'Ii·:: ,1r:o!c: .. ~;i?e io: cita/ : .. ,ccn•.,-e::1t::c1ce this rnay cause '.IS·LI. ,]<J4 ; ., ,: 'O.J7J "cl 3 ,;44 " '!I'! •• 5 z~w & 25 /!),.,-11 '"° 0\41 !)>~ \/ 0\42 i ,,:. ·\:J:j/ :•1•.' .. '):;:,;;_,) )11'! 21 •!'··'' 19 ,, -,,-. 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O~t Abt,rev1.t.ed ~:ti: P'tn ,;,i T:11ct l'.>, ?!at !io, 2 J! .'<i:r.:c.n CC-,)p Co<11 Co. k:e ":'!dd~. 'Jc;,;. 9/21 o\ddiuon.al lcg.i,1,J on p~~- ~\ Tu Pare.cl Numbc:r()J: 72Z100-ll09U oa {j,r.J? '/:? ? ?£/1./li/. ) 'raF.GRA. ... -t'dRJa;,:,,s L. ~'-, ~ Jlt.gli:: q. !I; ~.d ~wJ. ·;onvi::yi .u-.:1 '1'Mn:l!I 10 ~ci:::i:::t ?. 8tt <1.~,; f<••t,.,,. :... 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Ho:-~1,qo 1·"'---:.J::.ll.g, !nc !O'J Woa>d g,,::.:c:•~ :Jr-~•;•~ !,,'ov11.to, C11l:.torn:.,l 9--I.J.]S CON\"EY,\.'\fCt.: Fc;,r g,~;d ~J1L.! .,.1::,:ibl~ .:un,;1ilcr.11ion. the ICCC!pl Jlld si1fT"1,:·;1:.:~ llf ,.-:1KI. ,$ 1d<,uiw!cilgd, :iall \O Sec~·.; 1hc 3~c,;;-,;<! :)~:Jl {dc1incd bclow) and Uran:u(1 pc;:·onnam:c J1a\:cr :Ju;. S.;,uruy io1itr.,:11cm, Gnr.:or 111,;~o,·J:-iy ,;r.u:r,. eonvcy1 .md ~lls 10 TrJslt;c. :n :r-J>I for 1hc :ic::dil .:if ;,~nJcr. with ;:iowcr 1tf .ak :b~ ro:10 ..... 1:,~ j:~s:r:b,:({ p,ro;icrty '!''.Le'-~ ::;, ,:.;,:: :-:o. 2, ;\Z!,::'.;N co.:;:,pz::-u.-:-:va ;:;c,-..:, COMi'Al.Y':J AC:U ·;;.t;,.C-::J, .A.CC"::IR:n:I(; '!'O TH;;; ?!.,G Tii:;;;:_;:a:~ i<:=:CORDK:I DI 'IQ:.t.,'M!': 9 01' i't.A-=s, :;>I\G'.'! ::;: :n. !?f 1U:.iG ~OU1:l"TY, ·.i.>,.sn:.:::-:G1'8N", li!XC"".>t:i'T t!!ls: ·,il:;.91' 70 ?"E:~= ':H~;;:::;r.;}•, ).!.'D ox·::2~"!' 1':u v..n !00 t27.' TI~:u:c;-. 710 :louth :n-::-:1_.S_t::•J_o~ (,1~0:.ul :,, .... ~ ....... ,,,._,'"":I,;~,. ...... '<'~~::~<( iC.a·-,:1) 2!'.~•t.Q.Q 0~ :u~1WA1 ·t,~1'n l,l,1•;.:?"··~"c~:~~=-•·e><MS :Nl'll'" '"" " , 'J.'J.!.h1n~1or1 ?;i:I°'_S. .I.I,' '><o~I f~t~~-'.;JI{:·~? !O'J~ :J~O : '.'; bUN~' J Uu-.:um..:nt: TDD 2'J02. [~23002590 ----·-· :1;() .'\.\-! .. ., .... , ,., _,,.,., .,..._, ·= ·= . "" K'.\li. \V.-\ fo~cil':cr w1\l; ~.i righ:1, :;,·,c:":lcnr'I. Jppu.r1~:1ziri,-:1, n,yalucs, ::11n.::r~l nghi:., 011 Jr:d ~s ni;h::i., ~'.I W~iCr anJ np.mm1 r1gi11.s., ;J,:;;"<.:5, J::J .11a;cr ,:cc)( arui ill cx1sung and fut;irC 1mprovzmcnt.s., str:.icturL'll, fix1urcs, ai;J x;:,tccm,n!.i ::1:., :11Jy "l\Jw. ,,r ~: Jlly r,rn,z m 1hc fo:u.c, bu ?ilfl of:hc r,:-.i.l ::s1.11c dcsa.!x:d abovt {ill :-dG"mJ 10 .is ~:•:0~;:y') 3 .\!AXIMI./M OBI.JGATIO.'i LI.\IJT ;",•-~-ic1.,l 1)rn1c1pJI ;m:01,;nr 11,:c-..r«I "::ly :h,s Sccum.y fri,11'.lmcn1 al ~ny one time sh~] 1101 ~x..:ud S 2 :.,.5 OC :::o ------~-This !1mtt111011 o( 11mount foci not ,nclu.Jc ,r,i~:cst 11.ml o!hL·: !°L'(:l J,d :b,b,:, ,~lid~ made ;mc-suan1 to 1h1:. Sccuniy lr1:;.ir,,,m..:m1 ,\tso, !hr~ !!m1\a.!10C'J d();:i not ;ipply :u J:.hJ:t~~:i rn,:,:~ ;md-:r Iha term~ of 1h1s S..~urny !ru;ir.mrc:it :o ;milJ.~! !.ender', ~ccumy ar:<.l :o pcr(M:-n ~'!)' ~! :h,;, ~ovcnatHS ;or.t:nnu! 1.1 :tu; S«1mt)' /r..<.tl"l.l!n,;::u SECURED Dt:Err A.'iD n;T[RE ,\l)Y,\:\U::s The ~:1n ~scruml Debi~ 1:$ o.lcfincd cu fo!!ow~ ·\ Deb! 111-.urrcd ~de~ :he 1crn1s of a:I prt'lm,s.sory nolc(s), (;Ontr:1c1{s), g~mmy(s) or oL'icr cv,dc11,;;c cf ;ic~ dcscnbc.:l tx:!,1w ,ind JI! :hc:r :.,1c:uion.s, rcncw1ls, modifita11on:s or subs11w-!lon~ (Y.,u must ;;pecrftc;:lly 1dcnil/y ·he Jcr;:;,) rn--.,rr:J ,:n:J ;v11 slro11!,J ,11dwde !ll,r fj1:ial ma11mty :1,,,,,, nf sud1 deb1(s)) Home Equu,-hn, ,l(Cred1: .\grccm,;;;iJ Da:1>d J2Jt7/200:?: .',btur::y D.a!c Jijf'.UJry !, !DU 8 All fun;rc Jd~ancc.s frnm l.cJ~r ·v C:;;>!Ol" or l)Ulcr future Obl1g~t:ons orGr.mtor to Lender ;in,;kr any ;>ro:m.::.scry nol~. ;u;,1:--,1c:, ~uJ1:,1::y, QT Olhcr evidence of ck:hl CJ.Cculcd by <ir.into• u: favor "i L~:i<.!c.:-CJ.c,.-u1cd ,1:tcr :1"> )~~:tt,:y !n~m,mcnl w!-lcihc~ or not :hrs s~":m:)' lnsuu.:ncnt :1 ~;,<.'C:fi.;;nlly rd<.;Icro~vJ j( ,,,er-~ ,!,_,-, o;ic ;x:~n i1r.:1$ 1h1s S'cc1,mty :.1~l1;.m1c.1t, c-::ch Crant\ir Jg,rccs :.J-• .il 1l:1S Sec·":::, '.:,~t,"'-:r.:~: ·.;,. scc~n: .1il fururc .1d·,:i.,ccs dlld \l.:rurc obh~llmn~ th~r a["(.' i1vcn :o or 1ncwrci: ;J~ :1:.y o.ic J> :,·.ore Ur~:uor. o;;r .my one vr mor1,1 Gnntor ~ml 01t:c;5 \.I :dll<C ld'l(IIlCCS JnJ ~lhs:r 1:m:rs: ,_;-~i•ts·'"ons Jrc s.ccun.,d. ';,y :h,.~ Sccun1y :rsm.uncn: eve~ cho:,!:i; 1!1 oJI' p~rt w.ay aol :,,·1 ~ll :1<.l~,,m:,·J ..\10 fon;:,; J-dv3nccs :nd ol:Jcr forllrc ubhganom: :uc .,c.:~r,:.J J.s tf nl:nlc Oil ;h;: J.1.:~ -Jf :b11 :::~~~r,:;, [MINm.c:i! Nti!luni; II) shL$ SccllTH)' ln~lf"Jm~at $1l~il ~on,:111.1c ,l corru-:·u;:;-.c:,! :o 1n:1i:~ .;G,i,i1,m;ll 1,1r ful,;ri; [(l:Jr!S ()f .1dv:m.::cs 111 a11y ;,.m..::un1 ,\ny ~IKh :-::irnrnum,nl rnuSl be ag:ccd 10 :r. J :.cpJrltt wmmg C Al! 01hc: JO:ii:amm; Cranwr ..::w~) iC L~r.dcr, wtr.;ct\ tr..\)' !:Ncr 311~c, /Q the ::~tclll oot prrih1b1:,;d ~Y i~w. 1r.cl,;dm,, ),,: ,:,)I '1:~":cd :v, lcbd1t1c$ for ovcrdr;ifls rci:irmg HJ .. ny d..-;ra1;u accu,rn1 agrccr.1c,;1t b<.iwccn (;7.1:,101 ~1:~ ;.;;;lu~: D All a6.l1hOllal sums ldvunccd Jfld c~;x:McJ 1ncum::d ·l)y L~ru:k:r for m:wnng, ;w;,scr·,,ng s\f uthcr,.,iisc ;irotcct1n; ;1';; \'r~i:;\':~y Jr.J :l1 v;iluc and my rnhcr ,urns :idv;rnccd ind c,;.pcn.:.ci ,n,;~rrcC 'o!f Lc.:dc~ m:Jcr :r...: tsr:n.; o:·:h,s Scc11r:ty lnst.-umcr.! i111hc C'ICnl :bal '.,cn:x! fa,::1 io ;:,rn~:dc .1,;y :K~C~~,ry :ion,c ofthc r;&hl of=1n10.111111h :c:lf)CC! '.o ~n:, Jo.i1!lon.kl 1mlcb1cdnc:;.s lCC'.!:cd i:;1dc: ;MOJ!;'lph !3 o( this Scct:o,,, L..:ndcr \\111VC} any ru:J~c4u1:n1 :1cc1..11ly mtcrc,,;t m lbc ::.ir~11,.),'; ·)r.n~:p~J J,..,.~:lm~ :t:J1 1.s ,;rc:;i1cd ti)' :!11.S Scc~:11:,, !ustrumc;il (!1u1 do,;:; :i<.11 ,,·aivc :h" ),;,uniy ,me,..:~: fw :::,; ;~·:,::; :d .. c:ia::d ,n ?~r::gr~p!l. I\ of1~.:.1 S.Cct,or.) Dt'.f.O OF THUSf cov~:N.,.vrs ,'.";1Ja:h;r :ii;r:,:;s 1ha1 1hc C<.tvcn.111i.. in :lu~ ~;11011 Jrc mJtcn.il _roi1gut1oui ,~r,d<:r :lr,; S.:.~i.;,,..:: '.)..;~: s;;J ;h:; .)~c:ir:1y lns/rumcnr !f Granter brc~d,cs .lily covcn,ml :h,.s ,cc111,m, [.;;nJcr :nay ;:c:·,.~c :o :::ik': JsJc,t,or:;,J c.(tC11S10ru ()f crC011 ~nil red.Jee :he credit :,,.,,1 Hy c:ol ~x~r<;:1~mg c1\hC1 n::,,..cc~ en (i1J:c1Cr'> tnr:ic~. :...c:idcr do,s :,ct w~wc LcnQl:r's ;1~1l :o ;;it~r ccr.s:clcr :!1c c~cn, ~ bJc;:c!'i :f,1 ~app1:ns :;;:im ?Jtym~nl.i G:.mlur 3glCC:i :i' .. H Jll ,)Jyr;io:, umJcr ilw Sccur<:d i)::t» w:!I be ;,.-ml whc,1 d:;c uid m ~,;01~arocc wllh :he-:cnri$ 0:1::c s~~v~d ;)1;~1 Jr.d this Security lru;nomcnl Pnor S.:,ur·ar Jo:er~s•i ·;.·u:1 =-~~~:,: :., ~:1y ot:~cr mor:e,,gc, deed oitTil~f, sec1Jn!y Jg:ccmcnt or c\llcr lien .!xurnc:n 1iut ;;;c:ilcl.! 1 ;,1,~r ~::,;::..;11y ,:ilcr.:~ /Jf cr.cumbQncc or. :t:c Propc1:y, Gr.inter a~rc:.:s ,u mJi.G J)I ~~yrnc::itl when ,h,c JnJ u ;,crfo1;;, <Jr comply wah Jll ~ov,;<Urlt.s Grontor ~!~ )&fc-cs not '.o ,1l\1w :my ,11001:i~r,c:11 or ,:;,;:cn:;;,;,n of, :1cr :o r::qllC~l lny fu.tu1c ot.!varic,;:s :.mdcr ;1:ny 1ro!i.; ()f lJ:r:::crnc::! J.C(:.;rcll :Jy \he iKn ,i'.l<:utn:.~.: w1:: .. _o;,: :.~m]cr'; ;:mer . .,,,a:rn ,\p;.>rt::vJI Cbmu Acainit Title G,1::t,,r . ..,,1i i'·'Y .,ii :a.li:5, .1SS¢S.:S"1Cllt$., hc:is, rncu:nOr.1ncc5, bu.: ?l~~c,::.s, ~rcli:-n:I :c;n!li, ci:1!1t:c-:<, ,>1;d )li1c: .:::...::c• ,c:;.111,; I() :h~ r>ropc;::; w:-:cn Jue Lc:id.:: ll'.~y :1:qwr<: Gr~1::c, :c ;,ro,1c:~ '.u l...:ndc: Cl;:!lc~ ~: J.: ''-'"'-~-' :::.: ,,.,c:, ~mo1.1r.ts ars.: J:.<.' lnd the receipt~ c;":iJ~nc:1\[! C11r1:;i:·, ,;Jynu:1:1 ~;r;::Hur wdi Jc:"::.1..! ·.1::.: :cJ :he ,' . ~.:-iy ar,a1M( a:)y d~1n,s :h.:11 woutc!. 1mp,>1f :t,c :,c11 ~I ::i,s Sc:.:-;ifil;' [;,.~;;-;imcnL Gra:11,,r J:.;, :n :n i~,-~." ,c Lc:uJcr. as ,:'l~;:,;t,:d :>y !..c:-r.f.cr. ~ny r.e.'ia, ~:,11r:1s or Jc1C::;,c~ Gr;u:t<.>r .. ,,ay M~,-; ~,·.J:r.st ~"'''~' ~ . ..i ~i..pp-Jy lohor m m.i1c:--:.1.£,; io :71,1,nW\:: vr '"'!"'"'"'-" 'h.· 1':up.::11 (. '" Ju<o.> >).aH> ,., JI '"''"' ,,:, ,,-~ :,r;,• ... J' ,,> --~,,~. t:)1-C46}(\'f ;;.1 ••~•J ~l l,l,.l(.?-J!~ !)uc~1m(:'1::: !'DD 1002. l.223002590 Kl.\,(/,\.\",..\ L'! ui:;: 0·1u-=i:'.l 1.> 1 me urw.:cr: i LOP Proputy Cond:t1on, AltcrJC1(HU and lnsptttion Gr3ctor will kc<:p the P':up¢rt)' m g-ood oondmor. ;i;Dd m11k.c .ill rtpa1n; ih:.! Jrc rca~ooably n~ Grni,rcr J.h:111 001 cornm,t or ,1ilow u,y waste, 1mpamncnL. or rk1c:.c.;;;:1on oi ·he-P;opcriy Gr.inter ;igrcc~ illat ihc n.11urc or tbc occup,m ... ;1 Jnd u.w will not su:).HJIIIJ.ll.lly cbn;;c illtboul Lcnda's pnor wnucr. cuns...·•:n Gn.nlor wd! net ;,cnr.1l any ch.insc 111 ~ny license, ,c~[il<.:1iv-::: CO'-Ctl~lll er c.isc:ncni wn!wuc Lcndc:':, pr,or w:1Llc11 con~cnl Grln:ric will 0011ft Lemler of JI'. :!::1~~nds, p;GLcc-.J:ngs, da1ms, and 11c:1ons ;1g:11nsc Gr.i.nmr, ar;d of any Joss or Jnrri~1:c :o i~c 1'1opcr:~ Lc:i<lcr vr L.cm.!cr'i ~.:,·:m :n.1x. Jt Lcll(!cr\ ,;ii;<1on, coicr ;Ile i>ropc:ty i1 .1n1 ,c~1ooablc ;mw :Or :he ;,•Jr:iosu o( m1>pcc:1r,g :l'.c :'''-'f'C;tJ l.cmk~ sh.1!1 give Gramor :Kl{1cc .it :he :1mc of 'Jr bc!On: ~;, m,p0e11on $pcc1f)'m!( ,1 ::~:s.c:iable ;,urr,cs.: .'er :he ;1i,1p,;~umi Any ;nspi;cl!on Jf :he f>ropt.:,!y ~h::ill !x 1..'lltircly for L:::ndcr'1 bc,\e,-,1 Jmi G,~~ior . .,,,1. ,n no way rely on Lender'~ ,nspcc11on Aulhonty la t'crform II CC'.;ullur ,.~,I~ to pcrfonn any duty or Jny ,;,f !he cl)vcn::,r,1$ cor.t,1111cd. ,n ;~.~. S;;cunty ln11ru.'Ilcnt. L::r.dcr may, wnhoul 001:1cc, pcrfonn or cause 1hcm to i)~ -pc:fonncd Granlw Jppolfl~ !..~nCcr A$ Jt:or::~y .n fac.; to ,1gri G,an101's name or p.1y any 2moun1 :icc,:H~ry ro, performance Lender'!. ::i;h1 ta ;:crform for Granli:.r shaJI nol create Jn obi1g:i1ion to ;icrfcm1, ~m: L,;ndcr'i; ::i1lur.:: \b ;icric,:n ·i;:11 '11.ll ;::edtaic U:ndcr frcm cxcreui::g .iny of Lemler'~ other ngh!s ur.dcr the lcw or :iui. Sccunty '.:1~tr.:mc<1: Lf:ll-Cbold,, Condumm:u1n:1, rl~nncd lnlf lllvclopmenlS Or.tfl!Of Jg= !O comply w,:h the pro¥!3•oni of Jny !case if :bs '.:kcunty lns!rum(.TII 1:s. on a lc:asl;bold !r the l'"mpcrty Ul<;h1dcs .:i um: ,n a ;;cmdomm1um .:>r :i pl;snr.,;;J un;l J..:,·c\cpmc:il, Granier will pcrrbnn ;i.JI of Gr:intor's. du:1c$ unik1 :be coven.mu., by-faw:s.. or rc~ufat:..Jn~ or th.: ~m1111um or pl.i..,ncd \lllLI dcvclopincnl CQ<Jdcmn:11no11 Gr.:i.ntor ,,.,]! £l>C l."nJc:r promp1 noll~ or ;iny ;:i,:ndmg or 1hre:iwn;;d aclmn, ~)' pri¥llC or ?L1bl1<; cntmcs to pti~ch~1c or ::i.k:c :my or all of the P'rQpccty through condcmnill1on, cnwtcnl <X!mam, ,;,r ~)' o.tbcr m~-:in$ G,an10r !~1h,m.tcs !..:ndcr to m11:r1cnc m Gra1il.Of'i n:imc m any of Tit~ ~bo,,.,:: Jcscntx:d acuoo:s :;, clu,11:s Gr:mtor ou1gni; to Lcmkr the pro,;ccd., ;,f ;my lW:lfd or ,;farm rcr l:;lmai:;a. ccnncc,._-.j w11h 1 ;.:,nJ~mn:iricr. '->f olfl.:r !J.Jet!l~ ol' all or any part of :he ?rorcr1y Such pro,;ced$ shaU }c, cons,C.crcd ;.,Jyr.icn15 ar.d w,1/ be ;:ipplted ~ provided 1n :h15 S<:cUfllf liulrumcnt T!as as~1~nrncn1 of procc~ds :, 1.;ti;c;;: :u :!ic 1:.:: .n& cf :iny pnor mortgage, Ji;cd Qf tr..:s1, •ccumy ~gr:cmc11t or Gthcr :,co do,;;umcnl l111aru1ce Granier shall .\C":? ?rqx:ly a:surcd a1,.1u11n ~ lly fire, flood, :hc:-1 and -0thc-r huanis lnd :iskl rca~anabiy :sJJo,;;1.:ticd w,1h :!K i'ro;;c::y due lu its t;,"pc aooJ l0<::it1..:in This 1nsl.ll"M1<;:C 5Jt,i)I "tic r.:;unti.incd m :lie amot:r.:s .1rl'J :·c: :he ;xcuis 1ba1 t.:::ndcr requires Tt:c ir~urar.;;c c:w.:cr ?ro,,.:..!mg The ,:,..u,uncc U::dl ~ chosen by Gr.lr.'.or rubJcc1 io Lcrukr's approv.:tl, wh1d1 :ihall not X uru:cawnahi:, w,::Jhd.J ;r Gr:io1or f;ui., :..., ;n,u:,:,t,~ :i,c co,.:ngc d-c~cr:bcd J.00'fc, Lcr.dcr rr.ay. :it lcndc:'J :i?1::m. ,;,bw,n covcr.,.c.c to prc1-cc: Lcr.ddi ::i;~is 111 :he Prc,pcrt)' aca,rdmi; to lh'i: term1 of :tu~ Scc1.:rot)' 1nstrumcni A;J 11J:1,ur:1ncc polr::11::s lnd :-c:1::wui,; :.hail be :icccptilb!c to Lemler ,md s.'lnJ! mclui.k ~ ,,,::u,d;tnJ ":norl!P~C d.lu!>C· and, whc1' ap-plic.:iblc, ·:oJS pl)'CC el:iusc ~ Granter ;1\:1/J :m:11~1:.Lcly norif~ :..ender of c.111ccllanon or icrn11na::o::i vi :b: ,:uuraricr: U:lldcr 5-h~U ~~c :be r;(:ht to hold 1hc poi1c1cs in.:l renewals !f Lc;idcr n:q1.:1:cs, G:an'cr .'lh:iil 1mmcd1alcly give IO l~,ider ail !t"=pis of paid p1cm1ulll.l J:1U rcnc~I nonces Up-o;; io,~. Gr;in1or ;h,111 gi-vc 1mmcd1a1c 0011;,: :o the 1n~ur:i!lce ,:imcr an<l Lender lc.idc: may ,n~kc ;,roof "f kiss f :ior m.:!dc imrncd1Jtcfy b>· Grantor l;nCcss ~thcrwl!.e Jgri;cd m wn:int;, J!I :n~urJrJCC J!foctct!:i ~au be ~pph,;d \u-1hc muo,:::i1:on Qr rcp.11: 'Ji" '.t:c Prcpc:tjl :x tll tl:lc S·,c:m;;,J [kbi, .... twtJ1,;r or ~t :hen due, Jt LcnCer's op11on A:iy lppilcal:oo u!° ;mic-:c,b !o ;ir.nc1pa! ~haii ::;;: ,~:;;;,,.! ~• ;,_:!'..:j.>Cnc !he d,;c ~t:: of :h,: ~hcdtilcd p::iyrncm :10r ch.ingr: ·,h,· :unc,ml ofan)' ;iayrncnt ,-\:i:, ..: .. ..:c~ ,.,,11 be ;'.):ud 10 1h,:: Gramor lf :he Property 15 acqu,rc<l ~y l...:ndcr, Gra:nrcr'~ r1g~1 !O :iny \tlsur:i,1,:" ;x,iic1,:~ ~,:J ;11occ:;ds rcnillmg rrom .i:im:it:e to the Pro-;x;t1y OCl\.1C :l1c ac,11,o.$.IU•)<I .i!ial) pa:'4 :o :..~,:~~r :" ::ic; c..;1cnl llf:he Sccurctl Debi 1m1nct11;11cly b.::fen: the .icq1.11,1t:or. Fmanc1al R~porrs :md ,\Jd1!1u,:;~l l)ocurn"n[j: Grantur ·,o11!1 ;:,rov,dc :u L.:-nd;:-r ::;ion :c,:;ccit, ~:1·1 fbar.ciJI ~ta1cmC!lt o: 1r.:"om,:i.-,011 !...;-n~cr !.'lcty deem rcasonab!y nL'U!si.ary GranCL'l" ,igr.::cs !l; >•!}". dc:,vcr, and !iJ.:: Jny 1Cd::,0J:ai dcc::..-;1c;1:s or ccmfic.:mons :hat !..;:noJcr m~y ;Gn51tl1:r ~o;:s.-.ary 1,l ,icrfi:~t .• i.mLnuc, aml prcic:·,c (;;1r.10r's ol:i,~;i:w1a aJl<!cr :J11s S.:~.:my iru;:r~:ncrtl and L;nCc:'s iic:! ;::i.1u5 ·Jn 1b;: ?roJ>l=I1f f, W,tRR/1:,,:TY OP TIT[.f. GQ;\:cr wJr~:i..'ll.1 !hJt Gr::io!Of" 15 or will ::.c lawfully :icr&'.d 1.1( :h.: cs:ai.G conveyed by Jw; Sccum:, :,1,;1:cr:,cr.1 Jd :a.s :he n,:.hl 10 ,rrcv<X.ably i::,'W!, cor,vc;,o a.'ld -.di !h:: ?:09cr1y ro T~1,;;c, :n .11,.11. ·i;u'l ;xi·.:.c Jf s:i.lc G1J11lcr ai~o w.i;Tnnll t.'1.11 lhc :>rnp,;:11/ ,~ uncn,:.,mbcrc..!, except for .-~~:crr.;.)r:in(cs of ,~c<Yd DL'E 0~ SAl.E 1..:ntlc. :noy, J: ,::; op1, .. rc1, .Jee!= the cntnc bil:mcc of 11:c s~c...,cd ;)(:'::, :c :le ,,-;i111~'1.!1.:.1c!y due 1nd pay:ibi~ ~;:,,;n •f.;:: ,1cJt1on o( or cowr;ic! for •he crc;,uo.~ ut'. l :r:imfct M ,..,;c ;:,f \be ?r;;pc;ty T'.11~ r::;ht ,~ ,u,;·;~: io ·m: :c:;tn.ClK11>S ,trtposc::! by fcc!cral ,;iw ll1 CF :t 591), ,1;; .ipp!:.:ablc '.°• '~ J, ..... , ly1',.,I , .. >I ;:.,,f 'U .,,~OU'~(,: '-A , .... >I ~"-·CH~(',~A] '~""''l '~ e,: .\/),J:f 'fb 'f:t'.rij' ,, !QOOJJioij: :r."~Q1~11) ! )l)C'.]11i,::1t: !'DD 2002. '. 223002590 -\ ( :US ,,\.\! ----· .. --·----···-· Kl\(i.\\.'.'\ a DEFAULT Granior will b.:: ,n Jci:1ul\ :( Jn)" 0(1!\C fol!owmg IICOlf frnud Any Consur.wr Borrow~r ~=1£liC1 ::i frll·~d ot mairoal IDISJC?=tlli.on m cooncctwn with :noz Scctin::d Debt :hal 1s ;m c~n ~od home o;:;u11y pi.m P':lymen(J Any Consumer IJu11:;w<:r or. ~ny Secured D,;;bl. ~ "IB open cr.d :locm: cqurly plan fad! io mak::: a p~ymcnl when d.11,:; Property A:iy ;ict100 or i.-::11:llcn ~y :he (forrow~r or (ir3lll0roceur:s :ha, :idvcnc:.ly lITL"CI!. the Prcpcny ::it lcl'Wcn ngh.ts 10 :hl.l' ?;op,.;1:y i"':11s inc!~dcs. but ;.S 1101 hm1tcd io, the folluwmg (;a) Gra111or fa1is 10 m.J.lllltnn xquned tr.S!.!1"3:1<:C or, :::c :'1vpc1:y, (l,j Gnnlot "..ran.Sfcn rhc ?nipc:ty, (c) Gr:lntor ~-omml!J w:utc or olhcrN\5.C d<:sl.nic:,1·cly u~c~ ,Jr :·a,ts :o :n;nniam .be l"::opc-rty )UCh :h,a1 1hc ~LOil' oc :n.1ct1011 a.!vcmly J[fo;!.s Lender's s,;rnnty, (:l) Grar.:ior i3Jl5 ro pay we:,; on lite f>ropc..-1y or 011\<:rwnc fo:h :a :i.et !;'Id thcri;:!;:,y c;1.u,n :i. lien :o Ix f:kd ap,m! the ?iopcrty 1tw ,s $CnlOf to lhc lien of thtS Scc1m1y l1!$lrumcm. (e) 11 rok Gram;,;r din, ·'.fJ :( .~c:~ :bm :me Gran1or, any Gl1ll1lor dies :111d LcnGC(-;. =umy 1$ ;lt)vcrscly affected, {g) the f>iop:.:rty L• ::ikc:i :t':rOllgh cmine11t domam, {h) a judgmcm is filed Gll,3ln~t Granter iUld .wb.,CC!! Gramor Jll<l tbc ?;~pct\)' :o :icilOll that i!U'YC[3,(:))' affc-c1, Lcndcr'J m1crcJ.(, Of (1) '* ;ir:OI" hcnhuld1:r focccJ.osc5 or. :i,c i'·oo:r1y ~r.d JS a =ult L¢t'Jdcr's intcrcs1 1.s ldvcndy J!Tcc:cd to:iecUl\\'C Otllccr, ,\ny Borrower i~ ~;1 ~~~c;;t1V1:: officer uf~~r or :1:1 1CTihJl1: a11<l :ruch 3(,r:-owcr i.J:,;crn~ mddi.icd to !..c,idc~ ;,r ~nc11lt;r .tl·mJ<:Z ,,,, an aw-cg:11c nnow11 .i;r.:.Uc( lhun :he llll(lunt pcmmtcd un&:r !'cdcnl taws aod ~gui.1:1cm '.I RL\.!ED1f.S or DEFAt;L T ;" .d~,11un :v J1::, other remedy ar.nbbic :mdcr the :,;,rn,i; of Uu~ Sccun:y i;istrunltni. L,;nJcr may accc;..:ra\c :.~c Sc::ud D1:°' and foro,;lo.c Ll-ns .'kcu!.l:f lllS!l'.lf!'lCn: :n a m:i.n!lc ;,mv1dc:l ::ir :aw :f Gra.11:;::r :~ in ,kf.1Jll :n :.o:i:c :r:!iL.loc~. fcdcr.11 Jr:d stitc;: i;iw wi:1 ~cqu,n: L;r.dcr :o :,rov1dc G::,i111<:rr w1:ll ~1111c~ of ;l:c r,g".! to -::m:, ,.,r {llhcr no&1ccs ,,""id m.iy ,.~r1bl,sh amc ::.;;h~1fo:i..-:,. fOr !iii ~los"Jrc ac:,ons t\t i;i,c ophon of ll1c L:ndcr .. 11! ;ir JJ:y ;:.;i,1 c.,f :r,,., i&rc:c!l foe aml,:.l,,1r~ JCC:rucd ;r:1cr:.s1 ~r.d ;>e>nc:pa: i;h.i:t X\:Qri,C 1mmcd1;itcly •hie Jnd ;,JyJ:J:c, Jl•.cr ~1v111; noi= 1f n:qu1rcd Uy !aw, '-'POn :he occ-.;m:m;;; ~r J Jdault or ~y111:-ic th.;n:ai":cr Lcc"ttkr ~ha:! be c;'!ll!!cd :c, w11bout :im:tlhon, the ,:,owcr to Y.:l! lhc Propcr.y ;f :!ic11.? :s. a o:!da-.lt, T1u~t~c ,:,~iI. JI 1h,~ :qu~~ ;;f :he !..c:iJct, ldvcms.u. ;ind sc!I tt'.c l"rcpcr'.y :n ., wh,;le 01 m s~7-1ra;e jl:irccl~ at r·;;bi:c Jt:c::10:1 10 :he hichl::3t bidder ror c;uh and coitYC"f 1bso/utc htk: :r~c ;111d dear o{ JII r1gh1. 1:tk, 1i11: 1r.r;;r;:~." vf Gra.r.:or ll ~uch mno vid ;ibcc :u T ll!Sl\::C dc$1g.r1:uc~ ·rrus:cc ,;hail !i,IVC ;ion,;c of .l.llc m,i.:·~:"c: ,iY~ :"~ic, 1cr::i;, :r.nd ;>!:ice ofg!c and .i <lcscr1prn,n of :he ?t1"pcr1y :0 'x sold as rcq1.m1 .. 'U t;,y :be 3pµhcai:il~ law m ctTc;:1 :11 the tmK: or the propo5ed .l.lk: :..;pon ulc ofitic T'n;,pc1ty .llld :o the ~>:lent rml proh1b11cd by law. T111Sti:¢ :;hall maiw a.1d Jcl1vcr l dcccd m \he Pmpcrty sold whicll cDnvcys :1~>c•I\H~ ·.1rh;: :o the purchascr, lnd aflcr first pay1nr; all ~ccs, c:Jargn .1nd CQS1$. ~hall ;iay :o l.cndcr ,,B m<.>nC), ~dv~ncct.1 for rqi,u.,rs. IU.CS, msurano., hens, ~s.scumcnls and pr.or cr.<:umi:lr.mc~ 3nd 1n1cn.:~: 1hcrcon,. and d,~ ;mncipal .1!id mtc1CSl on 1he Sccw-cd J.cb1. j).lyln,: lhc -.urr,!us. 1r Jny, tu Granior 1,;-,-,,icr ;r.Jy p'..1: .. ~~,~ die P~rty The rcc11.il!s m Jny <.k~'<l cif c:;,nvc:,~ncc :;h~l! b,c pnma fac:c ev11!coc; Jf :he :·~c:, iCl 1'c,th therein "'.'he -1ccq11.ir.cc :iy L~nOCr c;f J!'"'.I ~.i:n 111 ;Jar,acr,( or p;ir,~ ;,~y,nc:it Jn 1hc S.,.'(0111,,;J !'kl:>t :r.l'.cr 1hc \Jalancc 1!> Jue or ~ ,u:c~lcrJ!c.:l or a/Jcr forcci,;,;;m:: proccethni:.s :,.,re filed sl~H :'Jot constr:ulc a wa1,·cr O( Lcn.:lcr'i righi :o rcq1.1t!'I: c-;;mplc\c cmc ,Ji any cA1:m11c !;!cf.wit By not c:,i,crcising any rcm~dy vn G1J1llor's (!cfauil, Lc::ukr J1.,.,;~ :\Ot ,\la1Yc t.~::dc(s ngh1 :_. J111cr consaicr foe ;.·vcr.l ~ dc:1:.u:1 1f 11 h;:r.p~ns ~t:=ml lO l:XrE.NSES. ADVM-.ICF-"> 0~ con:~.\~TS, .-HTOR:otE:YS' FEES. COLU,CJ'IO:-i COSTh I( \Jr.io\cr ":.m:11<:h<.:$ any covcl".alll Iii 1h1s Jc~:,;:Hy lnsuumcnt, Grmor ng1cc3 :o p.1y lll C)l.?Cn~c!i-Lca<lcr :TIC\JTS ill pcrfo,m1:1g ;ud1 ;1Fcnon:5 x ~,otcc::ni:: ,1~ <;eeunty !llkrcsl m tt>c f>ropcrly Soch S:Apc:l~c~ mc:uJc, Out Jre ~ hm1t~·:1 i<), r<;'.<.·~ ·n~""l.·rc.,;o.1 for 1r..spcc:III~ prc~r,mg, or ,Jlh,rw:sc pru1e1:lait the P":opcrty ~ml Lc:iJcr's s,cc·.1r::y ;n1c:cs; T~c~~ .,;~P"nscs Jrc ;,oyabk en lkm.md and ·.y11l b.:Jr :/\tcrc,: :"re~ :hc d.11c of ~y1m::nt ·.-~i,l ;;a,d n :,..1; JI 11\c !:.:gr..::M ;;rte of :Mcr;;i;t ,n ;:;ffoct ll pro~uJcd :n :he '.~r.ns o!' 1111:: $c;:;wcd Cd:: C:3:i•o~ ~:::~c~ loJ p.iy Jl! cos:s and c:>.pc,.sc~ 111(:~rrcd ~)' l.;:;n:.!<;r :n ,:o!Iccu.~g. cnfon:,ng er p1a1n;."J1l(: !.:,,lkr\ :,ghu 1mi rcmc:dld u11dcr 1hi.~ .'kcuncy !:l!tr,,.nncr.t T:11s .1moi.r.: r,1ny ,r:,;:li,t.k:, bul 1; ::'-'l 'i;n.:~J :o. ~i:Jr.;cy$' !Ccs, C'OUl1 costs, w<l ,;,!her leg.a! c.~;x;:1scs T;:, '.i:1: ~;,,:mt ;:;i;rm111cd :)y the Cn;1d ;;:~:;:;~ :J~:10.~-'~i~:,' Code, (k1r.mt a~:c~o; 'O ;i::iy ih<.: r1:a:;:XJ~b~ a:tcrm::·~· :·.:c~ L::id,;r ,u.:UN 10 col!c:: ;;,,., )cci.:rcd Cc~I ~~ ~w;irtlcd :ly m-J cou:-1 ~·x;,rc1$l1l[! JLlm<,hc:,.,;n mJ.cr :it..: H,u:K1:>i;>l~y C.x!c Tbis .. ~cc .. n,y lnst,-,,mc~1 ;~Jll :c1na>n m dfc,i 'JnUI ;cl.:.,~~u Jr:rn1or Jgr,;;c~ !o ;,;;.,,. ··er .,n1 !t1:oJr<.lnt1ail l:OSB oi" ,u~i1 :~:,.-~:-,.: '.", ·-a, .. .,,~,.._, _.. ,:. ;,.,1 "" "' • ~c, . ., '>' ..,,. '"'""' G:°)'-',';455(WAi :tN!: ~ Ut1,1Q,-JU' il?o "''.f'c'.c' Duc,:;i:r:n[: TD!) :.::002. : .2:.?3 CO~ 5 90 = = en, ""· C = "" "" ...... ~ "" . ·= ,O .... Kt:\li. \V,\ l ! F..~YIR01"i\1ENTAL LA \Y.S ·\.'vi) HAZ.UIDOlJS SUB~'Ti\NCF..S ,\5 ugcJ in this S1:t11un, (! i Er.~:rcmn..:111.:il L.aw :nc:,,ss, w1\ilc:i! !i:.i1IJ!Jon, 1hc Com,>rdicn:uvc Cnv1rcn,m;nt:al Rc$;>on~c. Coinp,;;n:;:it:0,1 and L1.:i)1M;, Act :cE~:::L,\, ,12 :JS C 9601 cl i..:q ), ar:J ail othco f~cr:1/, state and !ocJI law1-, :i:1,'Ul.1!10r.s • .::rc.111:in-:cs. ~:rnr1 order,. aUOll'lcy i;c,,ct:1J ,::,pinions or m1c.1m:t1•,c :cuci.1. ;:;,;nc::nung !I:<:, ;:,t.:Ohc :ls::1:1:-,, ;..1:·::11. wdfarc, ;:iv1ranrncn1 er J t:.a:.!anlow subsi.ar:cc, arrJ (2} il.aa.rtlous Scb~1;1ncc mc:m1 atiy ;oxac. ral'.ioac!1vc or :1J:£ar<lous ma[1:nal, W;)S!e, pollut.lnt or eonum111aru wh1ct1 h:is :harac-..:nsncs whu:h :c;-.~cr t)ic :;1.1h;,ta1:cc dangerous or puicnti.alty dant:croi;.s lo ihc ,wbl1c Xilhh, ,:afo:y. wdfa,r,: or cnv:ron::icnr The !Cr.n ir.cludc!,. w1thqul lumt.luon.. ;my wbimmccs defined as "ha.:.im.lo11~ rn.;1.tcn..lt "lox:c ~:.ic:;t,1r,cc:1; "~.11:ird01JS waSlc: •iiar.m::1,;;u~ ~ub5tam:c," or ·rc~latcd ~bsi.un:c-· under :.mt C11v1,\Jnn1c:1:.il Law 12 :J " IS ,. Gr.)<l!Of rcµi-=n1s, w;,rram~ Jnd .1gr~-.:s ;ha; .:\ Uc::pi JS pri;:v1cusl;:r d:sc:,;,cd am; 1cknQwicdg.cd m wnll!lg to :..~011.kr, no Ha;,.anlo~ Sub~!ancc ,~ ur will be lcc.itcd, :.iorcd Jr ;ck~d c:11 or 1n the Prnpcrty Ttus :C$!m::mn dud not apply rn im.lll tJl.llU!HICS of Halarik·.1~ s,..~~tJ:,cc$ !bl ar~ gcner.llly :i::coi;.ru,:cd to be ar,prupnalc for ,he ~crmal :.IM.1 ltld <Tiamicnancc Jf :he Propc~y B Excc;,1 a~ p11:v10\:sly d!$Clc~CC n<I J<.:knowlcJgclS 1n wr:tmg to L~ndc~. Cr.mlor :ind cvQry ic,1an1 havi: bc.;r., a1c, 31'\d ihai! ;;;;1;~,n '" fwll ~o,~plumcc wllh ~ny appl1CJ,bic !'..nv110,uncn1:,I taw C Ur.inh.lf .1hall 1mm~d;J:ciy :·.ull:"/ ;..;nd~r ,{ J :-cicaK J,r :hr::alcr:cd 11:!;;.1.sc o! a !-!a.:lcJcu,; Sti!':e,t..r.cc occur~ ::,,,, .ir:dcr r>r :.O<:u :h: Pr;,p,T)' ar thcr.: 1--S a Y10!Jt1on ,if any Er,,mmmrn1ll Law =onc;;mmg :he ?rcpcr:y l,1 si.:c::i .1,1 :;v~ni. Cramer s.,!1all t~h1 ull ricct:.::ary xm,;;dml .11,;t1Qn m l(;':'.<,,r6mcc .,..,ih :iny '.::1, «"(lt:mc·r::;;;I LJ·.;.· ::, Gr.intor s.1~11 ,mmcd,~t.::::, ,..m,t'y :.~r.dcr m wr:u11.g .u. l.(IOfJ llli Gtamor h.u rc:i:.cn to hcl1cvc l11e1c ,s lll)' pcai.11r:5. 'J! :lirwtcnd ,nc~:t[;J11on, cbim,. or prucccJ1ng r:;lllrmg :o liic rck:i..~ -.>r (h,~-.ucCJc<l rcli,,:;1sc vf;i.n; !!.uJrt!<Ju~ SubstJnc,; vr 1hc vio!a11<.1n ufmy Envuom-r,011:il Ulw ESCNOW FOR TA.'<f.S ,\.'<D !SSlJlt·\:\'CF. Unless o,tb,:r,1o>1:K" pf"Q','1..!cd 1n a :1epa1ai:c avccmc:111, Gr:m:or w,l! :lol be r:;<Ji;1r~d :o :c~y '.ll l.~r.dcr fund$ for Wes and :1Uu1:'ln«: ,n ~s.crow JOl:"<T AND i,"IDl\'IDL\.L LUBIUTY, CO-SIGNk'.RS, SUCCESSORS AND .\!$SIGNS BOUND -\ii dutio::~ ,mC:Cr 1l:1l :ke~:\ly h)l:1.;1,ic:11 1re ;ornt 3nd l!W1v,dual lf Gr,l(IHJI SJl::!1) this Scr..-un::i !ru.u-, .. ,ncr:l but ~o,;:.s not ~1g:1 1., :;vit!c11cc of dd.J!, Grwtor J.c.,::s $0 only •..::i mortgage Gr1MOr'5 1rncr;s.: 11:i 1),c f"rcp.:-rty 10 .1ccu1c ;,..yi;\,cilt ~:· 1~;;; $cc;::cd Debt ;ind Gr.mtor :!Cc::. not ;1.gr~c to be p<:~onol:y ha':.>k ,;m 11c .$.;:cared !)cb( If :i:::i :::c~:m::,, :;1s::u;ncnt secures. <1 ~ar..i,ny !:rctwccn Lrndcr ~ml Gr:u-:r.::ir. (.j1an1or 3~tcei to wa1vc Jny ;,;;h:., :b: rw::y prcvenl Lcm!cr ii:01n Drmgmg ar.y ;,;cnon or cis:um 1gomst G1an1or or any pa1ly ;ndcbr;d ur.dc; :1:e abi1pll011 Tbcsc ngh1s may mdudc, !:iut 'l!C :s.ot kn.led ,_o, ll\f mll-dcfic=y or or.::--J~imn :ows The <lt,U'-":'l Jnd bcndlts-of 1h:,l !-iC~un1y lr.smx:icnl ,i>oll 1.mJ ;ir.d 'x.:r:~·fit \he S-Occc~5or~ ;,u] ~f.~1~;·., ~f G,~:110~ :11,.J Lemler SEV.£}{,,\.fHLJTY, 1:-rlF.RPJ{ET,\T;Oi'I Th1s. So;u11ty lr.S!11Jmcn1 i:!-complete .:m,l folly mlcj!_r.l::.:d "i"'.,,s ~cc\ln:y ins:n.in1~:i.1 r.uy nvl ';,c .lm~ndcd ur mod1f"1ed ~y oral agrocmC11t Any ..ci.:1:00 in ihis Sccur.ty Jn~romcm, a1t.tw:i,c::L~, -.:,r lny ,1~:ccmcn1 ~arc,J io the SL-cirrc<J D,;bl :t-..:i; con:l:ct.S \~1rn 3pphcabk: law will no:i k ~mcuw. llnic,, thal law ~prcssly or ITTlpl:cdly pcnmts the vana1101~ 1J;1 ·..-1111,:n :igrc.:..~cm !f .iny ,.;::tl•Jfl •-:,( :i:i5 s~cuCLt)' !1U1r'1Jllcn1 cannot bi:: ~11forc~ Cl<'COrU1ng 10 its 1cr.ra, :h.a1 scc1.1011 wd! be •cvcrd Jnd w:l! :io1 .,fkct the cnforcct1b1l.ity of the r~1t'Acf :jf 1h1s Sccunty ln1ln1rncnl Whcnc.,.1:r used, :he s1;,g:.;JJ1 ,hc.lt 111ch1dc the pl1Jral 3n,d 1bc ylur~! th,; Stngui.-ir The ;:~pi,on! and hc.~dmgs of ih, 1ccl1or.~ ,.,f 1r.1i: :>ecur.ly FIU%rumc111 nre for conv~m~n,;;c only :ind Jrc not tu :ic ~cJ :o 1;iJcrpn:1 or \!;;;li::c :he 1r.:m1 of ,:a5 Sccurn)' !n~;r,,m1cnr T,mc :s of :he ~=nee 1n tlli~ S.;:--~:ir,1y !nst:umcru ,Sl):'.;CESSOR TRt.lSTEE :.c:,s!.:~. ~I LrnJc:'1 opl10D, may Ihm umc to lime ICITIO'IC T:1.1:.>tCC and e1p;,un,l 3 successor tnatc-c ,.,,.,ihs\"l ~r,~ Ul::cr :Ol'T!l1.hly llun :he <ks111nauon 1n WT1tmg TI:c 1oc;;1:~:w1 \f'J.Mcc, .r,,1lhout ~vrwcy;irn.-.:.: (lf ;1-..:,, i'r,;pc;1y, ~::~11 succ~-e,J :o ~!J !h~ mlc, ?<JWCT aJld dum:5 conf'crre<.:: :,p1.:n Tn,;;tcc i,y :hu Sccur;:y /~Cl,;1-,;c,,~;,t :i;i() ,1ppbcabk law ~OTICJ,; l.':ilcs., 01hr.:rw1s: ,,;:g~1rd ~y 'a"· ~r1y oot:cc shall lx: given :.>y <.lc]1Ycn;:;:: ,tor 1:ly m:ulmf: ,i ',;ry 00th first clJU ma,I 1~.d c,::-. ..:r c.::1p>:~rcd or c.:11Lficd ;n;ul, rt:ium ;c,;c1pt r-:4uc:.1cd, 1u 1,;,, ,1pr,rnpna1c p:,ny's ~di.ln:ss .,;;i pz.·: i ~r :.'i,, $;:cunty lns!rue1c111, <JI'" to ~ny 01h,:r a~llrcss dc,,1;:m1M ;,: w,:::ni: :-ior1cc lo 011c gran·.::r wd; ',~ '.:cc1,i~J 10 be !1011,;c to all !;:~JllOT~ 17 t:SE or !"ROI'~:RTY :1,:r,.;uuuni ;,\1r:x;iKi1 1::1 l.l~E Of C~!';D(T ":.1c .;;~:;,u; . ·,::,.<".'.:;. a ~mlvm;; imc ur ;;rd11 Al!l,ou~~ :h.c Secured '.)t::l "'flJ'!' l,,; r::,1uc::d :o J Jcro :.\:;;:~:,: ,Ji ::i,.;c1;:ty !nurum~-:Jt wdt rc.'11.Jm 1;, c1fo.:1 :.1111:i r,::i,;.~scd 1') l\?l'LJCAaLE L,\W ·;:,,~ s::~:,1 :; l.,~:,i..:c,1cr.1 r.l g_i~c:1:cd t:,y :he !aws Js :ig1,._-,,.~J tc) ,11. :h~ Scrnrcd C~J;, ~x::::c;:,1 lo the c.,:c;i: ccc,1:c·.~.i '.1~ !)· .. : :w1 uf the ;1,msd!l;:l!On when~ lh,: Properly ,s. ,\X::i\C<!, e1r1<l a;:c,l,oh:c :",,:ocnl iJ"-"S ,1r.~ :,··;:i~1","·' :,,,.,.,,.,...,~~,,,,•,""SI"""" ~~ ,,,.,,cp,,,sr;,a I••'" Q ;~~~{"/~,\) .l•C•;,: l • .':;,\6,.3!P Prinwd on 3 .f '2008-; ! ! : ,; :\.\! " ...... , ..__, ·'"' :....: ,: .\er. \\/ .-\ Rl !):£RS T:"ll: covcr,;;;,t~ .1.:d ~;:;,c·;r::c~:.s of a.:h ur lb¢ rider> ;hcd;c-J ':,;;!,.,.,,,, ~r:;: :11.;()r:xir.11:,I mto .11,<l S.Uppkrn.:nt :i.mJ Jmcnd :/r,; 1~rn,s :;;: ·tm :...~wity ln~tr,m,cn! [Ch,;d ;i;1 Jp;:,l;l.";ib!c ~u.,~1! C.1etm ------·---- ~1 \_JAlJDITION,\L T!::!t\lS .!2 SIGNATURfo:S By .;;'.:;1.-.~i ;;,;/Qv.1, C:.lOior lC!"0."5 !1;1 :ht terms :ind :ovc:i.:m1s ~:xirlr:x:"" ,n :i'w, &.:cur.ty !nsrnmicnl ~r.;j .:1 ~ny Jt:achr:isnts Gr.inter !l5o ~c~nowli.:<li;cs n:cc1;i1 of ~ cun uf th1\ Sc:;;ua-:ty lm,irun1ceto:1 :I-,: J:1:c .,tJico.i on ;,.lgc: I ~/?J.ut-d t:Jt: ----~_j 'off; __ :s,~...,,~~·!bur':. ? Ott (D,o11) l~•l"·"'"'"JRitneo r.. Ott" ;ll»•.' ---------------------·-------- I Rl::Qt.:[ST FOR RECOr'\V!';YANCE. ' :r.a'-" ,..,r. """!'I•,.~~'"" ?O>d ,• roll) I TOTRL!STH- Tbc un,k1s:g,'lcd 1s ·:\.: hd:Jcr ~f tf...: r>.itc or notes ~c~u~ by 1t11s !J<.-.::U of Tf"'J~l SauJ :wtc or I nc1.:.s. 1•Jg~\hcr ur,1;; dl ,H,:.:; ,,;~.:b!<.i.lrn:~s $Ci;i.;r,;,d. :iy th1i D~cd or Tm~t, l1a·,e t><.:co ;i,mi J n foll I Yt.r.i .iic ~..::cby dm;q~i: :o ~.,r.c~l th,:1, Deed 11fTn,s1, wiu.:h IS 6.cl,vcrc.J hcrc::by, an<l l<.> ;cconvcy. 1 w,1lm'Ji W"ammly, a/I :)i.:; ~s.~lc:. .".ow !t.:lJ ':rJ you u11ti<.":" :h,s r::c~d 11f Tn.:s1 to :he ;:,crS<10 clr pc;1ur15 I 'oz'"' ":''" ,h,~ o _ _ _ -----·-_. --~--~ I t.\.>1bon,,~ iJ111~ ~W'""•I D•l< i L. ________ ------________ ___j 8 d1' """"'' :i,,,,.,., '"' 'ft i::.v, '<1< '•"' CC,' at,11u "'""• q ·C'US{W:q ;I'""'• ;l UUA.Q-llJ' Pag~ 6 of 8 ! }u,.-:.1n1l'n'.: J'l)l) ::'.C0~.1223002590 12 , \.\-! "" -·= • C>. . "" --------[Spacc A[mv::: r~1s L;ne Par Recording Data}------------ BALLOON RIDER ·:·:1rs 3:\!...:...00N RIOE:t ;s mad: thH l 7-:-1 l day of December, 2002 , ,mct 1.s ;r:corpcratcd into an<l shall be Jccmed tD amc:nd Jn<l ~'llppl::ment the Mortgage, Deed ofTmSI or S,.:ct.nty Uccd ,Jh..: "Scct:n~y lnsirumen!'") oft:le-same d3tc ~:vs.:n ':iy :he tir.L!.c:u1gncd (''3or.ower'') :o sc;;urc Borrvw,!r's 1'oti: (the ";'.fore") tu Grccn?oint :'.\1vrtga~e .Funding, Jnc .:he ";_;:ndcr" of :he same Cale a.nd covcnr\; :hc pr:::ipeny dcscr:bcd m the Sccunty Instr.i.mcnt and loc.ttcd ;.r'. 710 South '.!Jrd Stnid, Rc:iton1 \Vashin-gton 98055 :rrop.:r.y Addn:s.sJ Til;,; 111!:!r:!st r-Jtc seated on tile: Note 1s cal:i:J :!:;: ";';'ot~ Rate" The <lati: ofiJ:c Kote 1s called the "Note D;,;tc" l i;ndcrst;intl 1:-1-: L::ndcr m:ly' :ron::;:Cr the Sett.\ S(;:.:unty ln::.trumcnt and :his Ralcr The Lender u;-anyone who t;ik:::s >hi: Nole. tht: So,;,;;1.:n:y (nstrJment ~r,d chis R:di:r )y tra;:~fcr and who 1s t!Tit1ch.:J co :c;:.c1vc ?ayrr.cn!s l.lndl!r 6.! Sctc 1s :JI led:;!:; '"Nc1;: llc!d.cr" ADDITIONAL COV.ENA:STS. 1n adJ1:1"in to t:\c ~OV(!nan:s and ag:n:emcnts tn :h~ Sc:::unty !mtni!:\C:lt, B;_1m.iwcr :11,d L:ndo.::-:~:rthcr covcnani ::md >Lgrcc J;; :-,Ji!.::•,,:; ,'.Jes;:;::-: ar.y.h:ng to :he C:;}ntrary con~a;ricd t:-! :hc Sccurny _:rn;tn;~:;nt or :he Note) TIHS LOA.'/ IS PAY .. \BLE IN FOLL AT :i.-1.-\.Tt:Hn'"Y. YOlJ MUST REPAY THE ENTJRE PRr:'iCIPAL BALA:"ICE OF THE LOAN Ai\"D THE lJ;'.P,\ID I:\'TEREST THE.'.'I DUE. THE LENDER IS UNDER NO OULlGATION TO REFINA:--;CE THE LOA_:\/ AT THAT TlME. YOU W1LL, THEREFORE, BE REQVIRED TO .\JAKE PAnlENT OCT OF OTHER ASS~TS YOU MAY OW'N, OR YOC WILL HAVE ro Fl;'ID .. , LENDER, \VHICH !\IAY llE THE LE:-tPF.R YOU HAVE THIS LOAN WrTH, \"'[LUNG TO LE.'liO YOC THE :\10NEY AT TIIE P!<F.VA.ILJNG MARKEt;T RATE, WHICH M.\ \ Br: CO,'iSIDERABLY HlCHER OR LO\YEH TBA:,,.: THE R.-\TE 0:'I THI$ LO,\N 1F YOU REFINANCE THIS LO.\:< AT .\L\TUUTY, YOc MAY HAVE TO P,\ Y SOME OR ALI. CLOSt~C CO,'"iTS 1'0R}Ul.LY ASSOCIATED WITJI A NEW LOAN, EVEN If YOC OBTA[N REFI'iA:'<C[NG FH.01\l TJit: SA:\!E 1.E:SDEIL liO t [2 -a .. \l.J.OON ~ID-EK. MU Lr ST.u:: GO,\I"-t:1• !i'KOl 38;) !;}/t,Q!~/J'}') Pag::7uf8 •\\I "-l~(i, w ,\ -----------------------·-- SY SICNJ:'\G BELOW, 81Jrrowe, ;icccpts a:,iJ agrees lo the t\!rms !Ind covcn:rnh cont:11ncd in this Balloon Rider. -Borrow..:r -Do;::;w1·: i il .. o 13 0(1 l •)-:',jJ ! 6•J'J~ Prir.tcd on J .. t.201.JS 7:i !.I.~ A.\1 '. )u(..-~lm!.;t:t: rDD .200.2.1223002590 ,n.u.,...,1. ,,,~.-..,, ... ,..._, .,,,-..~-..., i'.l\."C.J,\V.-\ 20030930003050.001 IIHIIIIIUOOIIIII 20030930003050 CHICAGO Tlrt .. E ADT '9 00 PAGE 01.91 OF 12101 09/30/7003 1S·0S KING COUNTY, IJA- [Space AboYe 1bi, Llne Far Recording Dataj I CHICAGO TITLE INS. C, MERS 1fo,ef 1000118011)76029711 INVESTOR A~,-# ill~\'jf,,-\ Corporatjon Assignment of Deed of Trust · ,r. ===~ FOR VALUE RECEJVED, the unders1gned hero by grants, il.SS!gns and transfers to Ct'I O rc~',4i l,,oo ),). ~,1 ~ . E.u~;>!-..,"t:J '1'rlJ5' al! bent!ficra.l mtere.;1 under that certarn Deed of Tmst dati Dcccrnoct l 7, 2002 executed by Roocrt P Ott and Roncc L Ott, Husb.nd and Wife ,0 CHIC:;G() '.:'ITU.: D1SUR.l\KCE CCMPA.'\Y ' ,"."'\O and recorded as In.srrmncnt Xo 2C0212230Q~n 12/2312002, m book none page uoc:! of Otlkrnl Records m tl~ County Recorder's office of Kmg Cmmty, Washmgton , dcsi..--nbmg land therem as , Tru.5tor ' T!lJStt'C SE: CO!,WLETE LE6)rl: :Of!SC?JP ;_ ION DE~CRIBED IX 'fffl! AfiCR:E1YtEN":"10l4ED 9-~Ull.!S:' :..oan A.mown. S 21,500 00 'f OGS"l-IER wrt.1. •1:c.:ictc er :ic~ fuereu Jcsrnbd or ::,;ferro:..! !o, therr..oney dui.: anJ !O t:rt:omc: Jue thr:r~'Or.. W!Ll-i mtcre~. ar.d all rights acc:r'Jed or ID :i:crueundcr siud Deed of Trust :Jat::d 05/02'2003 State of: T1mB MJlcr, Cahfon11a ASST. SECRETARY County of: Sonmna On .\.fay 02, 2003 before mt!. Jenn1for L PozZJ. Notary Pubhc person.any appeared Tim B l\.hller. kno\lt-n i:o me (er proved to me on the bcsis uf s.a"'.J3f:ic.tu:y evidence} to be the: pa:.on(s) whose na:ru:(.:,) ::iJJ:c s1..:bscnbed ID tic \\-:t.lun :i:strument :md ~:.;::::.cw!i:dg:=.! tD l!'.e thath~.:/she/they c-xre1.:tcdtJ1e same m h1sl~c:r!L1L,r '.ll!:hor.zt:d ::,~ac1ty(1es), and that by hl.:•/:'.er/th:rr s1gr.ature(s) on the mstrument :he person(~) er the ent:!y ur,0n bc'.11.lf Jf w:..:c:1 ,}.c _?CIS1.m( s) a.:::!d, ex~-..: L-u:<l '.'.:c mst:.1rr.o:1 \V'.":)i!":S.s :ny '.1..'mt! :u:~ o:":i.c.:al seal i)ucuir:l.'.!1~; l'DD .\S'.\ 2U03.U93CC03050 .,,, .. , ..... , .... ~.·--__,,_, ., "'--"-' :<.J\(j, \\,'_:\ 20030S30003049.001 After rec-ordhig please return to: 1111111111111111 20030930003049 ' (;reenl'omc Mortgage F'undmg,. Int. CIIICACO TITLE OT 38 ee PAC£ 191 CF 119 · 89/38/2HJ ta 05 KING COW.TY , ~A A;:;:,.;,;:sscr's Property Tax Pared or Ai;;;vunt N•.,rn~H.:r 722200-0090-08 Abb,mated !.ogal Dcscnptwn '"fY(l.(t \S ljcl, 9 f"~. Z.'} S!!i! Page 3 for complete leg:il description. CJ Settlement Agent i.s responsible for v'.!ryfing that the Abbre-Yiated Legal Description on Page l of the Deed of Trust is c-omp]eted accurately. ----------· --· [SpJ~u Aiic·,11 Thi~ Lme Fer RecorrfJ;rg Dn(a} ___ ------------- CHICAGO TITLE INS. CO DEED OF TRUST@ REF#J.ll s1s1e-1 MIN 10001380082~783308 DEFINITIONS Wurds used in mulur!e sccttor.s of tbs ::locuffent ir:.: defined below ilnd other words arc defined m Sectmrs. 3, l ! , : 3, ! 3, 20 ;ir.<l 2 ! Ccrt:11r. rules rcsarc!m_;; th:: usag:: of words used m this document are alsu provided m Sccttor. l 6 (.-\) ' 1 Sewrity Instrument" me:!cs this Jccumcl:t, which ts datd September 24, 2003, togr:thcr ..,,._'1th ;.ill Riders to this docwm.:r.t (E) ,iBor:ro,yer" is Robert? Ott :md H.i;;uc-e LOtt,Husband.A.nd W1fc Borrower is the trustor under th.is Sc:cuncy !r..str.;r:1~ni (C') •1Le-nder" 1s. Gr~enPoint ~fortg:1~e Funding, Inc L;;r.C~r 1.s a Corµo?'ation organiz~d nnJ :.:x1st1:1,; :m'.::::r th::: laws of the State of~i::w York Lcnd.::r's :i{kb.:ss :s lOU \Vood Hollow Drive, Novato, CA 9-4945 (D) "Tru.:t<'.'c" 1s TTJ 'F<T'?9 ''' GBCLJ;l 0-1-,~o ,,n.e lrJS\J~r-lCE° C.OMff\,-.J'"( !':J:!.·: I of 19 20030930003049 002 Kl '.'JG. \\i,\ (E) uMERS" 1s Mortgage Ekctrom,:: ReG1s1r::1t1on Sysf:ms. Inc ~tERS ts a sep.i.ratc: corpor:.1t1on tbH 1s. admg solely as a nor.Jmi::e for Lench!r and L:.:r:,.kr\ rn.;c.::s::.ors ar.d ass1gr:s 1\<iERS is the benc-fici:iry uuder this Security 1nstrum~nt. ?vlERS is organized arid ex1stJ1:3 ur.der the laws of Dda:warc, and h~s an a<ldP;s.s and teicphoni.; number of PO Box 2026, Flmt, Ml 485,1'-20:6, tel (883) 679-MERS (F) '"Nott'" r:1eans the promissory ;101c: s101ed 8y Borrow~ ar.d ~tcd September 24, 2003 1b:.: Note st.ates that Borrower owes L:·::J::r One Himdred Seventy Two Thousand and 0/lOOths Dollm (US $172,000.DO) ph!S 11:[:...-re:.t B\lrrower hal pmmisc.:d l0 pay '.I.J!s debt m regular Pc-nodic Payme:1cs and to pay th:: Ccbt m full :wt later tbanOctober Dt, 2033 (G) "Property" means the prvpCTty rl:..1t is c'.:.:scr1bed below under the hcadmg ''Trru:sfor of Rights m ti:!~ Prnpcrty" (H:, 1'Loa11·J :neans the debt ~Y1dcr.n.,d by tbc :Nore, plus interest. any prepa:ymem charges ar.d fa.1e cha:ei:s. Ju~ unCe:r !hi;: Not.;!, ar.d all S'Jrns due under 1h1s .'Sr..:-cu.-ity 1I~1rumcnt. plus interest (1) ;'Riden" mear.s all Ri.ders to thts. S:.!curny ln:;trument that ar:: cx:.:cuted by Borrower The foUowme Ricers .l!e to :ic ex~cutcd by Borr'.;i'.ve:-[check box iJs appl1cablaj ~ A,!nist::.b!e Ralc Roder ,-, L_j IlaHcon R1<l:..-r [] : -·1 F:1m1ly R1der D O~her(i) [s.oec~fy.l D Cor:.dom1mum Rtder LJ Pbrm:.:d lJmt Development R,dr..r [_~1 :zcv{:·cablc Trust Rider D See-0mi Hooe R1dt:r 0 B1w::c-kiy P:1}!:H:nt R1<ler (J) "AppHcable L:1w" mcar..s a.!J :.:t>ctrulhr:e :{pµhc2ble federal, st.:1.te and loc-..tl statut-:.s, regulations, ordmanc:::c; and admmisttatJv~ rnlcs and orders (tt:.:1t have the ~ffect of law) as well as all apphcable fir.at, non·appcal2bk JUW:ctal opm10ns (K) 1'Community Association Dnc.s, Fees, and Assessments" means all dues, foes, assessments and ocher .:barges that 1re imposed on Borrow,.;; or the Prcpcrty by a condomtmum assoctatlOu, homeowners issocw.t1on or s.1m:lar orgar.1:zatlon (L) "Elertronic F'unds Tr:msfer-'' m~·:i.m ;!:-:_y trar.sfar :i.f fund:;1 othc; ~ha,, a t:an:,;ad1on ongmatcd by cb:ck, drait, or smidar pap..:r m.strut:1cnt, whi<.:h t.:i 11uttaecd through an electromc tcmunal, telcp11omc 1mtrnment, computi...-r, or r.~gnct;c tap;: so as to order, instnKt, or autl::orc2c a financial 1r.st1rutron to dcb,t or crt:dtt an accour1t Such :t.7m mclude::., but 1.s: not lumte<l to, pomt*of-sak: tlar.:;fors, automated teller mach.me transactions. tra11sf::rs rn.rtiatc:d by tdi.:i_Jl:or.:.:, ·.,1..-i.r•~ trar..sfurs, and rn..10n1-.at~d ·:kc.rmgf.Ousc tr.m.sfers (:'t!) ;'E:iCPJW Items" me;;.ns those t~cms thH :tr:: :Jescnbed m Section 3 (~) "}lisc~llaneous Proceeds'' ::-i,cm~!i a:r.y c-01:1pcr.l>J.t10n. settlement, award of Cr.mages, or prot:l.!Cds paid ':iy :iriy ::md :Jar'.y (other than msurance proc::::::ds p:1:d v1Klcr the CO\'cragcs Cescnbed rn Scct?on 5) for (1) Cam.age to, er J1:stru,;;t:mn of, ;h.;;: ?ropcrts;, (n) conCerr-:..i::i.twn er otl.:cr t..ik:tng of all or any pan cf U:.t:.: Property, (ia) conveyance 1r: !i~u ,)f ccnd~:-1111.ltlvn, or (1v) m1:;repre'.:er:(:1t1or..:; ot; er vmis:SJOr.s as to, the value ar.<l/or condil:lon u/ili::: Properly ·----------*~-----W.iS-ll!l~~u:, D,·~tl ufTru-;t,31:!tiu :-'::i:::ily-Fanmt \L><.::'Fr~1Ji.l1~ ,\b, t::"i'IFOR.\t lNSTRUME."•-+*f -'l'Hi:: CoMn;.,.,:,;c:,: SOL'RC:i., JNC--}>;ige z ot J.4 :111:i 1111111!111111 ~,111m111111111 ~111mm1 lmll ii~ !lllf ,. w ... ,~~ '-·· ,~ '~ ;> U W D O sJ J ?. 4 I 8 J. ] ) r 1 / P:1g..: 2 of 19 Prirni;li on 3 ·l.2(;08 7: 1" !)ocurncm: l'DD ~1)03.09300030,(9 .. \:'. r .~,_..,.._., _ ", ""·""''"'' ., us.Su .__,,_.,.__,._,-,<Ju\1,J ,,,,...,~_,.,,,._,.._,. I '-.,VII.' H,a,ur1 tL: ., .. ,~_ 20030930003049.003 :"~i.\.(j_ \\,,';\ (0) '·'Mortg:ige fosurance" me:ir:s 1;:::;ura::ic:.; protccnng: Lender agarnst the nonpaymcr:r vi; or ,icfault en, t!.it! Lo;1n (P) "Per1odic Payment'1 means :.he rc,;,>t1brly :>chedulcd amount due for (1) pnnc1pal a.,(: u--:.tcrest lmdcr tb:: ;,lot:::, plus (u) any amotmts undt:r Scct:or: 3 cf this Sccu.~t;,r Instrument (Q) "RESP.A." mean.,; the Real Estate Scttl~mer:t Procedures Act (12 USC §2601 ct seq) am.! rts 1mpl~ncr..tmg regulation, Rcgubt1on X ( 2-4 C F R Part 3500), as they might be amL.·nckd from time to tm1t:, or ~ny additional or successor lcgrslat10n or ro.:gdat1on tJ-i.at governs the same subJect matter A:;; usc<l m this Secunty Inr,trument, "RESP A·• refers to all rec;_ uirtmcr:t,; ar.d restnctJons that arc imposed m r:.:gard !o a "fodcrnlly rdatd r:10rtg:!gc !can" cvcm lf d:c Loan Coes ::cc qu::Li:f as :1. "federally related rnortgage loan" under RESP-A {R) "Successor ill Interest of B.:trrrnver" me31.s .u:y pa11'/ that has uk:r. tttle to the Pr;.;perty, whtthcr or nm tl' .. 1r p~rty has assumed Borrower's obl1g:!t10rl.S unCe:r die Note and/or tlus Sectmty lnstr~mcnt Tful.NSF£R OF RJGIITS I.~ THE PROPERTY Thi.: b:.:nefic1ar1 of this Scc"!Jnty [r:strumcnl ts ;vJERS (solely as. normnce for L!!r.<lcr .1nd Li:.:r:dc-1 's .>ucccsscrs ar:d :1SS1gr:.s) and the suci::i;:ssors and ass1gr,s ofMERS Tht$ Sccunty Instrument secur:s to Lc!lC.er (1) :he r~paymer.t of the Loan, :ind all rcr.Gw2.ls, :xtensrnr.:S and mcdlficatJons of the Note, and (ll) the pcrfomiam.:~ of Bor:-owcr's covenants aud agreement.£ ur:Ce; this Ser;unty Iw.1rument and tl-.c Note For this µurpose, Bor.ow:.;; 1rr:.:vocably zrar.ts an<l convey;: to Tn1s:cc, m tr.1st, 1-nth po,,.,-cr of sale, the follo\.Vlng Cest:r:bcd prnperty Jocat:.:d :1: !l:c County of King [?'yp;: cf Ru,;ordmg Jurn'1,"Jcf1or.f iNamo ,;;f F<.ecor.!mg _ii.,;1:,id11:/ror.j ni..,cT 15, PLAT N(). Z, RENTON CO-OPEIUTIVE COAL COMPANY'S ACRE Tll..\Cl"S, ACCORDING TO THE PLAT THEREOF Rl,CORDED IN YOLl!)fE 9 OF PLATS. PAGE(S1 !7. IN Kl',G COli',TY, WASHINGTO"i. EXCEPT THE \HST 70 n:.1,:T "J1lEREOF, A"i!J £XCEl'T THE .L\.'iT 100 FEET 11lER.EOJI. ,,,,.·h1,;h cur:'.!ntJy h;~s t.'ie. address vf 110 South 13rd Strt>et [Street] Renton , \V,~hmgton 98055 [C,IY] (ZJp Corie} TGGETHER W!TE oll tl,o •mprnv·,n,ccts r.,w OT bmaftcr erncted on the properc;, ,nd a!! ,n.sunents, appurt1.:n:mccs, arnl fixtures now or hcr~afl:.:r :i. ;,art of the property AU n;placi.:rner.ts an<l adC:aons shall a.iso 'Jc :;c...'\"e',f:!d by this Sc:cunty Ins!rumc:r:t Al! of !be: foregomg is n:fcmxl. tom this Sccunty lnstn.iment as tbe "PrJpcrty" Bvr.owcr unC:!tStawJs :md agrees lhat \!ERS boJC.,..; or.ly legal title to th-: :ntcrcsts granted by Borrower m tln:,;. S::cumy 1r.::;.triJn":IC't'.t,. but, if necessary to :corr:pl:1 mth bw or custom, MERS (as nomn:r.:c for Lender :rn<l Lern!c~'s succ~sscr:_.. :me! .1s:s:glls} has ±c right to :.:x...:rci.>:.: c:.ny or all of those mtcrest<., mcludmg, but not lm:ttcd to, the ng!:.! to fcrcclo:.c ,:n:d seil t.1c Property. and to !J.kc ,,ny :!.ct1on r::qmred ofLee:.d:.:r mclu<lmg, Out nor lurntcd :o, n:l~a.smg -11:Li ,;.1;1cd1ng th.15 Sccuruy Instrument PJgc 3 of 19 Ducum;.;'nt: l'DD 20().).09J00030,t9 Hu.,> . .O L • •• .Jl,Ca,\..,' H."Ll'\,,'-'"'-1 .iL1'--''--' 20030930003049.004 1'1\iU, W.\ BORROWER COVE'.'IA.1'\"TS tl::i.t Burrower 1s lawfully sctzed of the estate hereby conveyed m1<l h.1s the n3ht to gract :1r.d :;onvcy tl:e Property :!.:c:.l thi!.t th:.= Property is uner:cumbt.·n::d, ec<cept for encur.ibr;ir.c:.:s cf :c~ord Borrower warrants and ~,n <lefond generilly the title to the Property aga.ir •. st all clam1S and dcmar.ds, subJ~ct to ;my ~r.cum'o~-r.ces af r~cord THIS SECL'RJ.TY INSTRV:V~ENT cornbmes umfortn coven.m.ts for national use ar.d no1:-l.!t:1for:n c0·,-CTI.!.nts •.virh !im1tc<l nnanons. Oy JUrtsd1<:.tw:i !o :::onstttute a uniform secunty m.strument covermg real property U!'ilFORM COVE}r.A •. \iTS Borro'.vt.:r ar.d Lender covenant a.r.d agree as follov.,'S 1. Payment of Prineipal, Interest, E.<ocrow Itenu, Prepayment Chatgi!.5 1 amJ Late Charge$. Bcrrow~r sh;:J.!I pay wbcn due the pnr.ctpal of, .:!nd rn~erest Of\ the debt eviCcnced ·,y the Note arid a.r:y pr:::p:iyn:~nt cbrg..::s ac.J 12.t: charges due under 1h~ ::-,.J°o'.c D0ff01-.-·cr ~ball afro pay funds for Escrow ltcrns pursuant to Sectmr. 3 P:t;,nc1,t$ t.iue under the )loti: .and this "3:.'.c..Jf!':y ~ti.str.:.r.'.ent shalt be rnatk m U S currency However, 1f :!.r.y chcc.:k t;r 0the:r mscrum\:OC recewcd by Ler.der JS .?2.yr.:1:..:1~\ u1:Jcr the Note or this Sccunty Im;.trumet,t 1.s r:::tumed to L..:::1de:r- ur.pa1d, Len<lt:r :nay requin: thnt any or ail rnbs::q:ier.t paymenls due under th~ Note ar.d tl11s Secunty lnsL..-·um~nt bs: made m one or more of the fo!lowmg fom:s, .'."1$ s.c:!e..::ted by Lender (a) cash, (b) money order, (c) ccrt:.fied c:':eck, 'oank check, treasun.:r's check or ca.siu~r's. chtck, provtdcd any such check 1s dravm upon an mstitution '.d:c'-Sc C:cr.os11s ar..: !Il$Ur~d :>y a f:::dcrnl agcr.cy, 1nstr1,,,;r:ii;mabty, or entity, or (d) Elccrromc F1mds Transfer P:iyr:,ents are di.::;med .:cci;r,..:.:d by Leeder ·,1,·!--:en received at tb:: locatlon designated m the Not·..: or at sud1 otb~r locarmn as may bt: des.1gnatc:d by L;;:nc!;:r m c:.ccordance wuh the r.ot.Ice provisions m Scctton 15 Lc:n<li.:r :nay rc:n:m any paymi:r.t or partw.l pa:;ment 1:" ti::: p:iy!Tll".lt or partial payments an: msuffo:11..ut to bnng ~h:.: Lo<!n cum;nt Ler:der m;iy accept :11:y paymcr.t or p;:ni;.;l p;:iyr:-1:.:nt 1nsur1ic1cnt to bnng the Loan current, without waiv-::r of any ng.bts hen:urida or prtJt1d1cc to :ts ngi:ts tu refa~t.: s:uch payment or purttal payments m the fotur::, but Le::dcr 1s not cbl:gatcd ro :1.pp!y such paync[lt.S at th:.: tm;:.: s:ich payments arc accepted If' each ?enod1c Paymc:r:t 1:i J.pplri.:.d. .J.S cf :ts :;cheduled (!u-:: date, then Lender r:o.:d 1;ot pa/ :i:terest on unapplir:d funds Ler::.Jer r..ay hOld such UW!pp(l.:,:d :'urn:Is m1til Borro·,ver ;::i,,1l<.es payn::r::t r,., h-:!:g ·.b: l.;,;:in currcr.:t [f Borrower docs ::ct do .;,0 ·,v'tthrn .;. re::..'>vn:,bi:.: pcncJ of t1:::1i.::, L;;nder shall :::-ilher app!y :'?J:..:h limJs or rctun~ them to Borrower If r.ot .!.pplied :;:arl;er, such !i.:r:ds ·,v,11 Oe <!p[>hcd ro tl:::: autstJ.r:d:ng pnr:c1pr!.l '::,al:mc;.: under the Note 1!!'.mecfiatdy pnor ro fon:cto:mrc No off::;:;:t or clan:1 which 3crrower mJght have now or :n tb: funm; agamst Lender shall relH ... -ve Borrm\'er from makmg payr~ii.::nts doe UEdcr !hi: Note :md this Secunry h1srrun~cnt or perfomung the covenants anc: agreerner..t.s si:cun:d by tht::. Sc.;..~.mty Ir..s~m !. Application of Payments 1Jl' Proci't>ds. Exc~t as otherw1sc descnbcd m tlus Scctmn 2, alt ;,ayrncrJs ;i.cc~ptd and applied by Lern.!1.,..,-shall b(: d;,pl1t'.t! m th~ fol!owmg ord-cr of pnonty (a) 111terc::;t due ur.Cer the Nuc~. (b) pnr.c1pal due unCer the Note, (c) arnuu,irs. du<.: unCcr Sectt0n 3 Such payments shall be ::i.pplic<l. to ::ach ?cnod:c ?ayrr~llt m the ord:rr in ·..vb1ch 1t bccam~ J1J~ !\.ny r>:Elll.Ilmg amounts sha!! be apphi.::d first to late cbr;cs, :;1.;i.:0i:J to .'.ll!Y o!hcr amounts due under this Secunty instrn1:1cr:t, and then to reduce the pnnc:ipal balance ofthe Nvk If L:..-r:dcr r.::ci:1vc::; a payment frum !3orrowcr for a ddmquent Penodic Payment whtch mcludcs a. suffic:cm :i.mocct to pay J.ny fate charge due, th~ p:i.ym::.;it J';1;).::,' s~ applied to the d~lmqucnt payr:tent and the btc charg~ 1:1vr:; than one Pcnod.Jc Payrr:cr.t 1s. o::t;t::!:1C;r:z., Lcr,der may <lpp!y any pa}'Tilt:nt received. from Borrower to tile r::paJT.:lC-ll[ :;f the ?::nod1c Pa:,rucnr.s 1f, and to 1h..: extent that, each payment can b~ paid m foll To tb.e ;::;,:::er,t ti:..1.: any ..:xci.;ss :.::x;:,l.s after tl:e paym~r:.t is :1pp11,;:d t0 tLc full paym~r:.t of one or more P::nodtc P:.iyrr.ents, sucl: ::x,c.s;;. may be applied to ;:my late cbt:gcs due \':-,:w:t:.!.ry pr~p.iymet.t~ shail be apphed fin.t to :?ny pn::payrm:1,t cbr6,S::S ,mi ;hc1;, a:; dcscr;bcJ rn the !\ore Any <!pphcancn ~f payrr..e11U, n:$u;;;r:..:c ;,tocr:cds., or M1sccl!~eous Procc-.xls ro pnnclpal -:.uc '..i.rn'.c,: 6~ ~O\{! shall r:ct :.:xtcl!d or pcstpone ilic di.!::: ,~:!'.e, o:-:.:h,u:ge the amour1t, of the Penodic Paymcr.t:s 3. Funds for Escrow hems. fkrro\.'•cr sh.all pay to Lender on tb.c day Penodic Pay1:1cnts tre dt:e ~r:l!.<.:~ t!lr: ;,.:urt:, '.inti[ the >;ot:.: is paid :n full, a $U!l; :)Le ·'::u,:d.s") to provide for payment ofarnour.cs due for (a.) tax.(!::. ar.d :is.s,;ssmt:r.ts a.r.<l otl::r acms \1,,·h:ch cau :1ttJ.:r: prio.-:ty over this Secunty Insrrument as a hen or e1:cuobr:i.r:ce ,n: th:: ?rcp.:rty, (b) !~~s.d::.uld. ?<1yr:.tc,::ts or grvunJ ro.::~:s or. the PTopcrty, if lny, (c) prernmms for ai:y :md ~11 ir.::-:l:.rn:1ce ---------·--··--------··---·----- Wut:L'lgtoo Dei:U ofTrus!-Sr:::_•jo Fai~J!y-F:i:inie .\l:ic'F:;,d0::1~ .\U, l.TNIFOR.;'H L"iSTRUMF.:,.,T ·-·Tu;.; CoMrI.i.\:-JCI~ SntiRC::., lNC.- i i/11! IIIII Ill I ll:i1if II~ l/111 l!~llll :111 ill :II Ill ll!lillf ,, '""~:·::,:"' ~ P u w ~ o a 8 1 , 1 g 3 3 m 1 1 1 l )ul'ument: l' DD 2(;03 _()l) J UCDJO~~l) , '''"''-'· . "" ''-"'-,~~_, .... , .... ,,~~ i<..!.\G, \V ·\ 20030930003049. 005 n:qmred Dy LeXc:.r unCcr Stctlon 5, ;;,,1,-:. Cf )..lc:rtg3ge lr.surance premmms, if any, or any sums payabk by Dorrow::-r to L:.r.de-r rn beu of the pi!yni:::m of .'vfortgage Insurance prerruums m accordance Wtth ~he prov1s1ons of Section 10 These :t:::ms arc called "Esi.TUW ltcms " At ongma11on or at any ttrr,e dtmng the term of the Lonn., Lender my rcqU1re that Commur.1ty .Associ:111or. Dues, Fees, and Assessments. 1f ar.y, be e:scrowcd ':)y Borrl}wer, a.n.C such Cues, fois ::md assessmcms shall be c:n Escrow ltei:1 Borrower shall promptly furnish to L::mkr all nct1c:::s of .unour.ts !o ·:,e paid ur.Ccr thi.s Si.:ct1cn Rcrrvw.:r shall pay L~ndcr the Fur.ds for facrow Items unless Le~<ler -.v:i.r,'!5 Borrower's obhgatmn to pay thi..: l:tmili: for a.ny or all Escrow !terns Lencfor may w .. uv~ Borrower's ubl 1g::i.tion !o pay to Lender Fur.ds for any er ::i.Jl fa,.-~ow ft:..-ms at any time Ar.y such watYer ~yon!;, b: m v.7ltrng h:; the event of such '.'r<Uver, Borrowl':r .,hall p:iy d:r,::i;tly, when and '.\'he~ payuble, th;; amour.ts due fer any E.scr:Jw lt:·r:is tor ·.1,,h1ch payment of Funds has be~n wa1vd by Lender and 1 tf Lender rcquir:::s., shall furrush to U:m!cr r::c::,pts :v1dencir..g sud1 payrncnt wl':hm ~--uch t?me peno<l as Lender may n:quire Borrow:::r'.s ob!lgats.an to make su~~ payments and to proVlde receipts sha..11 for a!l purposes be deemed to be a covenant a.n<l agre~-rr..cnt contamc<l m this Sccunty Instrument, as th1.: phras-: "cov~1,.:1ct and agreement" is used m Sectmn 9 If Borrower 1s obhgated to pay Escrow It~s dm:ct!y, pursuar.t cc a w2.1ver, and Borrower f.uls: to pay the amount due for an £.,:;crow ftem, :..,Cndcr may :::x:!rc,se U.!:i ngh!s urn!cr Section 9 and pay ruch amount and Borrower shall then be obhg.i.td under Sc::uon 9 to repay to Under any such ar:10ur:t L:::-r.Gcr may revoke the waiver as to any or all Escrow lt,::1:15 at any 11mc~ 'Jy 1 nouce: gtv:m m accorc!ancc '.:rHh Sccuon 15 and, upon such reYocanon, Borro~-er '5llall pay to L:;ndcr al! Funds, ar.d m sucb amounts, !b:tt are then r:.:r;mred under tb1s Section 3 L<.!udcr may, at ;:my tnne, col::!Ct :1m! bcld Funds man ar:iom~t {a) ::niffic1er;t to pt:ml1t L~nJ.:~ to :1pµly the Fui:Cs :~'. the ~me spec1fr;d ur.der RE:S!l:\, ad (b) i:~J! to exceed th.:: cnaxu:-1u1:1 :mltlur:t ~ lc:ickr c.!1: r:::4um: w:~l.!~r RES?A Lender .;halt estimate the an:ount :;f f.\.11:i!s due on the basis of currer:t dal?.. and r·~asor:.;:.jJc :;:st1m.atcs o:" i.::xp,;r.d1tun;s of fufl.:rc Escrow I!i:::is or ;,,t;i,,;.r.v1;:;;,; !fl :1_:i;crcfanc::: wt!b Apphcubk Liw 'Th!! Fw1ds shall be: held mar, n:s:..1tut10n ·,.,·bv:.c deposits are msur:;;r..! by a fcder~!.l <!ger.cy, :1:strumt:"11U],ty, or :::ntny (:rn:lut.!mg Lcnda, if Lcndtr 1s a.:i 111st1tut1:m whose deposits are so msun:d) or m ,my Fcd:!rnl Home Loan Ba.iL!c Lender shall apply the Funds to P"-Y the E;;cro·.v Itetns no later thar. the time spcc1fn:d 1.mcbr RESP A L:ml:t":r shall net cbargc Borrower for holdmg ;;.r.:C appfyine tl:'-' Funds, annually arni.!y-.., .. mg the escrow .:cccunt, or venfJmg thi:: Escrow !te:r:.s, unless L1.-nd::r p~ys Bcnm;i,.:r tnki:::st on the Fur.ds a.i::d Apphl.!able Law P'-"Imlt3 Ler:C::r to :nakt such a charge Unlc.,;s an agreement is rr2.d::: m ·.,i:l!H'.f; or Applicable Law reqwr~s mtcrest to be p:ml O!l the Fund.s 1 Lcnt!.cr shalt not '::le r::qwred to pay Borrower 2.1:y 1r:tc:·cs.t or earnings on tJie Funds Borr:::wer and L::.:::<l(;:r can ?.gn.:t: in wnt,ng. however, that mtcrC$t shall be paid on tb: Funds Lender shall give to Borrower, wuh.out charge, ac. ar.mial accountmg of th::: Funds as rcquir::<.i by RE:SP:\ If there is a surplus of Fund.s l::::c m escrow, as defined under RESPA, Lcrider shall ac::mmi to Barrnw<..-'T for the :;xccss fur.<ls m acconfo.ncc \\-1th RE.SPA If tl:cre 1.s a shorta&>c of F'Jnd~ held m i.:si..1ow, as Jefincd ur:der RESPA, Lr.":r.Ca .;h.a!I r:oufy .Borrower .'.lS r:!c;Utrd by RESPA, and Borro\l,:er ;:ball pay to Lcd:.-r the a.rr:om:.t ::i;;::-::ssary [o ~.;: up the shot1agc m accord:mcc \v1t:1 RESP . .\, but m r.o more tban 12 rr..outhly payments If thi..:rc is a deficiency of Fund."> hdd m escrow, :cs (..'.efincd :.:d<..--r R.ESPA, Ll.-r:dcr shall notify Borwwcr a~ r::.qu1~\! by RESP.I\, a.,d Bor.uwcr ::;hall pay to L·r:dtr the amount necessary to ma.k:!: up thi: di:fic1cncy 1r. accord.:m.c:: with RES Pi\ but m no more tban 12 mor:th!y p,tymer.l.'; Upon payo..cut m full of alt sur:is s::o.:.rec! b/ tbs Secunty Imtrumcnt, Ler..<ler sh::.ll promptly rdur.J to Burrower :rny Fu.-.Cs held by LcnCcr 4. Cbarges; Liens. BorrO'.l's:r sldl piy all taxes, a.ssi..:ssmcnts, cbJrgcs, fines, and tF.1pos:tio1:s a.ttnbutablt:: to tb.: Property whtch can ;ttcun prn.:r:<y over this Secunty 1n.stnnncnt, leasehold payme~ts or ground re:i.ts or: the Prop,t::rty, 1fany, and Community As:.,;vciat1on Dues, Fe:.:s, and AsSCSS..'D!;nts., if any To the ·:xtent t.b1.t tb.:!se items <1r~ Escrow ftcms, Borrower sh.:.11 _p:1; tber:i :n the manner provided m Sect1on 3 Borro\.Ver shci.ll promptly d1sd::1:i:: 3;)y 1!1:n which has pnonty over this Secunty Inst.--ur:it:::I.:t iinle::s Bc:r,Jw~r (:i.) ,tgr:.:cs in wntll:g to the pa:i!:l~Lt of ti:i..: obhg:itlon ::;;;cured by the hen m J. mann:::r :w::ept:ibk: tu Lcr.dt:r, but ·Jnly so long iL.'S Borrower :s. pc:~formmG such agreement, (b) contests thi.: h,;:n m gCOC. fz.1tb °J/, wr C:=r1:nCs :i_;;a1:15t .::nforc-:mer".t of tb~ l:ci: ::1, k:;:d pax:ccdmgs wluch m !.t!nC!.!r's cpm1on oper:t.1:; !O prevc:;::T ti::: c-nfor:;cnsc:1t ofth 11:::n ·.vhi[c tho:-;::: procc~·~:r1g_s :.;rt": ;;::r:dmg, but oHly l!nttl such pnx:eedings are condw .. kC, .:r ~;:-, Pagr.: 5 of 19 Uc,curncn1: IDD :::'.003.09300030,,19 ~/l d\..:. V'•Vlh) J .J I HlC Vlll\,t;I. LUil' 20030930003049. 0 06 Kli\U,\\!\ secures fr::>m thi: holder of !lie hen an agrccmeut sattsfactory to Lender rnbord1r.atmg the hen to this Secunty Ins·:rument ]f Lender dcten:nnes that any pa.rt cftbe Propert/ IS SUbJcct to a h1.'Il which can attam pnonty over this Secumy fr.s:rur:ient, Lender may give Borrower a i:otice tdcnllfJmg t.h.c hen Wllhm lO days of tht: dJ.te on wb1c!1 th,'l.~ r.ottcz 1s g!ven, Borrow•.!r :;hall sar..sfy the hen or tab one or more of tbe 1ct1ons s.;:t forth above 111 this Section 4 Lender may requi.r_:; Bcrrowcr ,o pay;;. or:.t::-tnrn.: charge for a re.al estate ta., vcnficatmr, Jrnl/or repcrttr.g scrncc ust:d bv lzr.der m connection . .,,,th 'J'Js Loan 5. Property Insurance. !Jorr,:.,wer shall kct.'P the improvements r.ow existmg or hcn;after erected (..'11 tb:! Property 1nsun::d against loss by fire, hazards mduCcd within the term "CJCtcnded cov,;rage," ar.d any 0H1cr !lazards mc!udmg, 1.Jut not lmut::d to, eanhqw1k~5 ar.d floods, fur which Lene.er requires m:surance This uisurai:c~ $hall be: mam!Jmed m thz amounts (1r.cluCmg ds;<luct1blc levels) and for the penO<is that Lender rcqmrcs What L.-nder rcqurres pursuant to the precedmg ~cnk:nces can change dunng tbe term of the Loan The n1Surancc cam~r providmg the msur.mce shalJ be choscrr by Bcrrower subJcct to Lender's ngbt to disnpprove Borrower's cho1cc, wlnJ1 right s;-;a!l not be c:<cn.:1scd unreascn;:iOJy LcnCcr may reqmre Borrower to pay, m conoection with tbs Loan, e1th~r (a) a one-tune charge for rloo<l zone dct.:::nmnation. cert1ficatson and track.mg seMcc.s, or (b) a one-tune ch:uge for tlnod zo~ determmatmn ar.d cerulication serv1ccs anc:! subsct1uent charges each Um<:: rcr:iappmgs or sirmlar c-har.ges occur which r~asonably r:nght affect such dete.rmmatton or ccrtuicat:ion Borrower shaU also be n:::,r:oI"-'>Jble for the paymt:nt of :my fees 1mpos-.!cl by thz Federal Emergency M.1ru1gcrnent Agency m cor.ncctror;. with the rev1i:w of any floo<l zone determmauon rc.sultir.g fi:om an oby::ctJon by Borrower If Borrower fails to ma.mum any of the ,:ovc.:r.iges descnbcd above, Lender r:iay cbta.m tt'.sur:?r'.cc cov'.;rag<::, u, L~r:der's opt1cu and Borrow::r's i;,xpcns~ Lcr.d1.:r is unJw no obhg-<1t1on to pun;hase any particular ,:;,pc or .!1;1.ount i.;,f coverage Thcn:for~, such ;;ovi.Tig:: :;b.a!l rnva Lender, bot might or might nae protect BomJW'!:-, Borrower's r.x;_mty 111 the Property, er the contents 0f tb.'.! Prcperty, ag:nr..st any nsk, hazard or ha'o1hty and r.ught prov,dc gp;;iter or k.'i.:i::~ coverage tbm was prev10usly m <.:ffoct Borrower acknowl:.:dees that the cost of tf:e 1w>ur::nce <::J,Vcrzgc so obtained might s1;:;r::1.fi\;an1Jy :;:xceed the cost of ll1.:>'1Jrance that Borrower could h2:ve obt.1.med Any amounts d1s:>1..1:rs:.:d :Jy Lender under this Sectwn 5 sh::H become add1t1onal debt of Borro<Ner secured by this s~cunty [n~tru1!"!..-nt T:"l~¢ amounts .~hall bear '.1itt.:rt:!st a! tJ:c Nde rate from the date cf d1sbur.s.:cr.rent :u:J sh,IJ ~;c p:tyabk, with such n:rcr~t, upon not1ce from L::m!.cr to Berro,,.,'t!r requesong paymem 1\Jl 1r.surancc policic~ n.:qu1r:d by L:nJ;:r :m<l rt.:nev,-als of such poht.!1cs shall be sub;et:t to L(,!ndcr's nght to d1.sapprovc ;;:uch policies, shall ir.,;;!ude a ,;t;-.mhn\ mortg:igc cla~e. and shall name U'1Jd(;r as mortgages'.: and/or as ,m 1dd1t1onal loss pay~e Lender shall have the right to bold the pohc1cs and rcne\Val certificates If L::::r'.der requm.:s, Borrower sf'~!\ promptly give to Lender ail r::::cciprs of paid prerruums and rer:cwal notices ff Borrower obt:uns aiiy for.n ()f msur.tncc coverage, nor other.vis:! :cq•..:1ri:::d by L:md::r, fur damtgc to, or destruction o~ th~ Property, su,h ;JOJ1c:.,· s.h:ill ?1:c!ude l sunJ,w-c! mongag-.! s::l;iu.,;:: and sbll :uune Ler.dcr as mortgagee ar.d/or as an a.:.k!Jtional Jos.> fn ?l:c e·,ent of toss, Borrower ::;!i.:ill 11ve prompt not:ce to the:: msurance c:in1er an<.! Lender. Lender may :n<!k(.: proof cr"Jos.s 1.faot ma<le promptly by BorTo>'>"l!r Unlesa Lender and Borrower othcr.iase agr·.,;c m v.-nor.g, any msurance proceeds, whether or :1ot the tmckrlyn:g u'IS.urance 'Wlls requm:d by Li:nder, shall be .2pplL{:d :o r:.:stor<!t1.01: or r:-pmr oftl-.e Property, tfthe restoratwn or repair 1s ecor..ormcaUy feasible and Lender's sccunty is not lessened Duni1g such ::::.pair and. restora11on pencd, Lc;:der ::;b;!II ba.v::: the nght to hold such msurance proceeds l.i'"Tltd Lc1~der has had ;m opportunity to tr.spcct such Prcpcrty to ensure the: work lias bc:acn completed to Lei~dcr·s satisfaccmo, pnmCed th.'!t s11ch mspection shalJ be ufldcrt.1.k:;u promptly ~nder may disburse procc::ds for tbe repaus ar:d r::storation m ,1 :.mg!e paymcr.t or ma sern::s of progr::::ss pa)ments as the work 1s complctt;d Unless an agn::c:me1~t 1.s made m wntmg c,r Appltcabie La.w rcquin::s mt::rc:.t tc be paid on such msurance proceeds, Lender sh2Il not be rcqmr~<l :o pay Borrower any mteresr or ~arnmg:s 011 ::.•xh proceeds Fees for pcbhc adJustcrs, or other tln.--d pa.r1:1cs, r::tan.ed Jy Burro•.:.·t:r ;;ball not be paid OEt A tht: ,,1;:;urai1ci;: procci::ds P.nd shall he the sule obhgauon of Borrower If !he rcstorallun x repair ts not zconcr::11caa_1 f·~;is1:Jl0 or Laicier's sccuntywould ·~c ksscr.!.!d, tllt: rnsur;;;icc prac:::ds shall !::ic :i.pplred to the ~Ur.is :;::cured by cb;; Secm1ty [1:strumeut, wh~'1her or r.ot rben due, ,vith the excess, 1f :n:y pa:t: :o ~0rto\V Jr Such msurai:ce pro,ct.:ds .,1::.;1 be :ipp!i,.:d m !he on!cr provrc!i:d :'or :.o Sc,;;uon 2. Pag_; 6 of l9 Print'..'d ;Jn 3 .; ·200.s UocunJL..::1[: !"DD 2COJ.G93G0030-+9 ! i ·\.\.! Kl\U,\VA ut,.t.:I. \HV,"lO.'.J 1Il!C V[Itccr: I LOI! 20030930003049.007 If Sorrower abandor.s the Property, Ler.J~r may file, r,egotiate ar:d settle any avn)lable IP.Scr.tncc cl:mn and relat1:d matters 1~· Borrower does not rc$p0r.J ,;..1ui.1n JO day~ to a notice fror.l Lender r.bat tl:e msurnnce earner has off:::n::d to settle a ci:um,. then Lender may negotiate ar.d settle the: claun The 30--d.ay penod will begm when the notice is given In either ever.[, or 1f Lcr.C:cr acq111~s the Property unc!er Section 22 or ot.herwtse, Borrower hereby c1ss1gr..s tO Le,1Ccr (a) Borrow~r's righ~ to a:1y 1r..sur.1r.ce proceeds man amount not to i:xcced the ar.iout1ts ur.p.aid und:r the Note or !Ins S;;cunt.y ln:s:trume::t, and (.b) any other of Borrower's r.ghts (otb:::r than the nght to any refund of i:rn:ameC pr~rrnums paid by Borrov.-er) under all msurar.cc pol1c1cs covering the Prop:...-rty, m.-.ofur as ruch nghts :ire :i.pp-Lic,:b!c t-, tl;e coverag~ of!hc P~:::·p:.:rty L.::n:::r may use tht: 1r.sur..nce ;:,roc~ds 1.!lthcr to repair or rcsrcrc th: ?:-vperty or :o p.:i.y :i.moun:.:, u:r.pa1d under ili:.: ~ulc or dm Secunty lr.$trumcnr, wbethcT or r.ot then du,; 6. Occupancy. Borrower shall occupy, :::stabhsb, and use the Property as Borrower\: pnr.c:pal rcs,der-.cc wttlnn SO ci..ays after the exect:tlon of :ti; S.:r.:un~y lnstnnner,t and shall contmue (o occupy the Property as Borrower'~ pnnc1pa.l res1dcnci: for at lc;i~t on:.: y::ar afkr the <late of occupancy, ~nk:ss Lender otherwise agrees m ·,vntng, which conscnl shall r.ot be ur.r:.:,1£01:ably 1.r.1tl:held, or unli:=ss cxtenu<1t:ir..g ccrc:umst,1r-.ces :.:x1st whi::-b :uc beyond Borrower's cor:tro[ 7. Preservation, o\b:.inten:::i:nce and Protection of the Property; Jnspection.s. Borrower shall nor d::stroy, da!rngr.: or 1mparr th:: Property, ;ill ow the Property to dctenoratc or comrmt wast:: on tht: Property Vlbr.:ther ;Ji not Borrower 1.:. rr.:sidtng m the Property, I3orrowcr shall mamta.m the Property m order to prevent the Property from i!efo::,or:!trng or dccrea.smg m valu~ Jue to 1t.s condition Unless it is determmed pursuant to Section 5 that repair or r:;storatlon 1s r:.ot economically foas1bl::, Borru,ver shall promptly repatr the Property if dan-~gr.:d to avord fw1hcr detcnorntmn er damaee If m:mr:ir.c~ or ccndcrn.nat1on proceeds arf; pald m conncctton Mth Jamage to, or the 1:J..kme ot: the Property, Borrower ~haJI be rcspm:s1bk for repx.r.ng er rcstonng the Property unty 1f Lender has rek:ascd pr\;s:;;c:ds for such purposes Ls.:ni:'..er m1-:: disburse proct,.-eds for the n:par:rs :.md rcstorat.on m a smg;h:: paJrw.::u or m <! 'icnes of prog.r::~ payrr:t:r.ts :is tLc work 1s compktOO if the msur:mcc or condernnaticn proct:eds arc not suffic:cn.t 1.0 repalf or ~star':! tb~ Property, l3orro\1f'Cf 1:s not relieved of Borrower's obhgat1ou for tb: ;·cr:;ph:twu of such ri;:pau-vr :cs:orattor. L-.:.ndcr or tts agent m::iy make reasonable ;;r.tr:c::; upon ar.d 1nspct--nons oft.he Property ff1t lU!.$ reJ.<.onab!c ::at;st, !..ci:d:.:r rr:.ay a!.Spcct the mtenor of :b: m:prov•..:-mcnts on the Property Lcn<lc:r shall give Borro,vcr notice at tf':e • . ..:r.i..: vf or pnor to such .!n mtcnor mspccnon spe:;:ifymg such reasonable cause 8. Borrower~,-1.oa11 Apphc:1t1011. Borrower shall be m ddaclt if, Ccnng: the Lo.u1 apphr:auon ;m,cess) Borrowc1' or any persons or enut1es acttng at tb.c dtreetu:m of Borrower or wtth Borrower'3 lmowlc:dge or cons:!tit gave n,atcna!Jy fah,e, r.:nslcadmg, or mac:::uratc information or staternents to Lender (or fa!lr.:d ro provi&c LeP.der with matcnal mforrnatmn} m i.:0Mcct100 w1tli tb.c Loan Matenal representations: mchide, but are-not limited t,J, rcpr..::sl-'Tltaticns ccnccrlllng Borrower's occt;p:rney of the Property as Borrower's ;x-wcipaf r;;s1dcr.cc 9. Protection of Lender's Infi.>rcst u, the Property and Rights Under this Security Instrument. If (~) Borrower falls io ;,crfonn the ~ovenants ar:d agrc.::ments cor.tamcd m th,s Secunty Insuument, (b) 1.her'! ,s a legal pnx:~c:di.r.g that r:11ght s1gn1ficar.t!y affcc: L:nd...:1 ':::. u:tt:n::st m the Property and/or nghrs under thts Secunty l~t.'l;rncnt (such as :i proceeding m bankrupci.:y, probate, for condt..'TIUltlUon or fortbtun:, for cnfon;\!.ment of a lit..·n wt11ch :11ay attam pr:.unty ovi..:r this St:cunty !nstriJmcm or to enforce Jaws or rt:.!,"lllatmns), or (c) Borrower lms abm:Ct.-r.ed tb.: Prop,:rty, then Lem!.cr may b :md ;my for whaLcvcr is re2-$or ... 1blc: er appropr:ate 10 protecr Lcr.dcr' s 1;.ter~:a m the Property ::!:ld nghts um.kr tim Sccc:-ity lr.strumcnt, mdud.tng protectrng and/or assesstng the value oi th: Property, .:?mi sc:curmg a1:c/or repamng the Property L."'T'.der's achor.s can mdude, but a:r.: not limited to (al p<1.y1ne any st;ms .;::c-Jrtd by a hen \"'h1eh bs pnonty uvcr thi.s Sccunty Instrument, (b) appcarmg 1r. court, and (...:) ra:,wg rta;,01:.l::Jc attom-:;s' :~ecs to prorcct lt'i. 1r1erest m the Property and/er ngt.ts under this S(!CLTity lnstn:P.:er.t, mc!i.;Crnt; Its .:.ecurcC pos1t10n 1:1 a b<!.nkrupccy proceeding S:ec,Jm:g the Property mcfudes, but is not 1tm1ted lo, ::nten:1g th~ Property to make. re:.:i;;.1r,,, cUJ.r1~c iccks, replace or boru-c! up dcoIS atxi 'k'lndows, dr:i.m water t':-om ill Des, durunrlt(.: bmldir.g or other c(x!~ v10!::t:on::;: or dangerous cond!tions, and hav::: utihtles tiJIT.~d on or off Altho~i.ih L~ntlc;:r may take action ,Jndcr tbts :5;;-.:'..ror. 9, Ltndcr does not have: to do so and !s: not under :my dtity or ::.ibl1;p.r10n to do .s;o ft is agr::eC :bt Lender ii::;urs nn l1.:!b1lity for not takmg any or ail actmns allthoru:!:d ;md.:r rr:.J.;; Sect1on 9 ----------------------- :\-fERS Mc(hficd f'•Jr.n 3:J4X •J!,Ol L)oc,uns:nt· TDD 201)3.093000)():19 20030930003049.008 :<.: \.;G, \VA A.ny arr:ounts d1sburs;,:d by Ler:dc.!r uni:!:.:r this Scctlcn 9 shall become add1bon.al debt of Bor.uwe-r se,ur,.;d by "lns S..:cunt:; lmtrumem These amoui.:t:; sh~!! bc.:rr mtcrest at the Note rate from ilie date of d1sburscrr,c1~t and sha:J be pa.yablr.:, With such mte:-~st. upcr:: r.otice :tom Lender to Borrower n::questmg payment If thls Secunty Ir:strumcnt t~ on a te:~sehold, Borrower shall comply mth aU the provlSIO!l.S of the lease 1f Borrnw~r acqum:s fc::: title to tbc Prop:..:rty, th.: l~.,;dldd and the fo:-trtl: sl:alt not merge unlcs!:. Lender agr..!L-s to the merger m wr1ang IO. i\fortgage Insor:mce. lf L::nC::r r::qui:ed Mortgage Insur:rnc;,: as a cor.dttton of makrng tr'.::: Loan, B,crrO",,.~..!r shall pay th.:!' prerm'.lms rcqu1r,.;d to rmnntarn tix:: Mortgage Insurance m effcci rt: for a:iy :~a.scr:, th::: Mortgage Insur.JJ".ce coverage Tl;':quucd by Lcr:.C::r ceases to be available from the mortgag:; tr.Surer th.at pre·11ously provtc:!.ed sucb. msurance 11:r.d Borrow{.;r ',ir.!s r-:qmri:d to make separately dcs1!,.>:mted paJ1nents Iowan! the prermtir.1s for _\,fortgage Insurance, Borrowt.7 shall ~ay the pr~mtmns requu-ed to obt.am coverage substantially eqmv-.Llent to t11e Morti3agc Insurnr.ce prev10usiy Jr: effect, :H :.i cost substatllally equivalent to the cost to Borrower of the :\1ortgag'! lnscr.i.r.ce pre',,1ously m effect, from ,m 3)t;;-n:z~ mortgage msur:r .;cfacted by Lender If subst:mt1=:.lly ec;uivalem '.\,lor!g:?ge fo:.1rr.sncc cuYerage is r:.ot avJ:bbk, B~rrower shall connnue io pay to Lender the amount d tb: s.cpr:ndy des1gnat 1.:;d payrncnts that were due whi.:;1111-: ,ns•.;.rJ.11cc coverage ceased to be m effect Lt:r:der will accept, use arn.l ret:un tt:ese payments :ls a non~refumiaDle loss ri.:si;rvc 10 heu of ~tortgage Insurance Such Jos..,. rcs"·rvc shall b~ nor.-refunda.ble, nc-m1thsr:mdmg the fac:: ti.:.1t ibi:: Lnn is ulnrmtcly pa:d m full, and Len<ler shJ.11 r.ct Oc rcqmr~ to pay Borrower :my mt:;rcst or c:ill1ungs :;z: such ks.-; r-:s::rve Lender can no longer requtre loss reserve p;iymc;1ts if \.lortgage !r..surancc ,:;mrer2ge (m the armu,:t ~nd for ti:'...: pcnod tr.at Lcr.dcr requires:) provided by an utsurcr sclect<!d by Lender agam becomes ava.ilablc, is vbt2rne,i, ;ruJ LI!I!dcr r:qurres separately des1gnatcJ payments towJ.rd th1.: prcmtums tor Mortgage fnsurnnc:e If L::n{kr r::c;mrcd Mortgage Insurance as a con<l1t10n of makmg the Loan ar.d B0rr0\1r·er \\':lS retjUir·:d to IT'.illC:;:; scpn:,•tdy d1.:s1gna.ttd payments to\\''3!d the prc1?11UIT'.S for Mor.gag~ Insurnncci Bunowr.:r shall p:1y the prcmmrns rcGua:xl tv maiotam \tfortgagc Insur.mce m effect, or to prov1dc a non-refundable loss resl!:rle, :mtil Lender's requucmc1:t tG: :V[0rtg2gi:.: Insurance ends m accordance with :rny WT1ttc-n ugreeme1:.t bet·.ve;:n norrower and L . .:r.d:..:r prov1J1ng for :.u;;h tc:mm:mon or untll tcr.nm.at10n 1s requm:<l '.>y Apphcablc: Lt·# :-Iothmg m rb.s Sectio!1 10 :tffccts Borro'.ver'c; oblig3t:on to pay mlc:rcst at the rate provido::d 111 t.1ic Note :\fortgage lnsur:i.r.ce r·:!rmburscs ! cr:J<:.!" ('Jr :11~y er1t1ty th.'!.( purchases the Net(;) for :crt;ur. losses lt r::.:.:, 1r.ca-:-1( Bcrrow:=r docs r~ot rcpny tl:e Lc,a11 i.1S air ;;::i Borrower 1::1 not a party to the Mcrt~a.&c lns,1nnci:: Mortgage m~urers eY-atmui: th::1:-i,Hal r:sk c;i ::ill such m.sur:i.nce m force from tune to :unc, and .may i.:::tc:r mro agr:.:::rrn .. -i;t::; Wt!h other per'.1cs t~at ::;:b::..re or mod.it)' tbe,r risk, or r:.:duce loss(!;) Thes~ agreL-mcnts -.u-e or. terms ar:d conc!Jhons that ilre sar,.sfoctory to ih1.: mor1gag:! msurer and the otb:r party (er parties) to tbsc-a_;,.'Tl!Crt:ent~ l'be.se agreemcP.ts :nay require rt:.e mortt;:agc ms1arer 10 :nab; payments usmg any source of fur.Cs that the mortgaf!C msur:-r !:lay have ava1Jabll.: (v,h1ch r.".ay tr.dud:: f.mJs obtained from Mongagc Insurance pr:;;m1ums) A.:s. a n.:sull of these a~-.::.cm~nts. LrnJ·_;r, any purchaser of 1",!! Note, ar.olher insurer, any re insurer, any :ith_;r !nt:t'/, or any 3.t1ihatc of any of 1he forcgo111g, may r.;cem: (dm:cdy or md.rrectly) amcnm.ts. tbt denve from (or might be cbaractcnzcd as) a portion of 3orrow=r's pa.yrnents for Mortgage Insurance, m exd:iangc for shanng er mo<l·1(vmg the mortgage rnsur:::r's m.k, or r:;ducmg lo::;ses If such agr:::cment provu!cs that an affilt:11c of L:::r:der takes :1 shar·.:. of 1b~ 1r..:rurir's nsk Ln exchar:gc for a share of the prtrniums paid to the msun:r, the arrar:~cmeP.t 1s often termed "capuvc rein,;ur:1ncc .. Funbcr (a) .Any such agreement.J wdl not affoct the amounts th.at Borrower has agreed to pay for :'Hortgage ln..-ur:rni:e, or any othet terms of the Lo:!n. Such agreements will not increase tbe amount Borrower will owe for :'Hurtg:1ge Insur.ance, and they will nat entitle B1Jrrower to ::my refund. (b) Any Such agreements will not affect the rights Botrower has -if any -with .:-espel·t to the Mortgage 1nsur:wce under the Horueo,Yners Protection Act of 1998 or any other law. These nghU may ind1n.!~ tht: ri~lit to r~ccivc ccrt:iin di.sdosur~s, to requffl and obtaiu c.ancelJation of the :vtong~::·: rnsur.ince, tu h:1vc-the :\-fortg:1ge Insur:uu:c tcr:runafcU autornatie3lly1 and/or to receive a refund of any .Ylortg3gc Insut:w~e premiums th:H were unearned !.It th~ time of such cancellation or termination. 11. Assi~nmcnt of .\liscellam1.rns Prvci:cd'~; li'orfeiture. A!l ~hs:::ellaneous Procec:ds u~ b:r~bv 1ss1gm;d :o and. :;hall bo ~aid to Lender · --------------- Pag~ 3 of 19 D(Jt.:ur:i:.:nr: J'DlJ :::'.003.1)')30003049 ·\\! ; )< .11 .\.., Y' i'\. , .... , '··' .)',.-. 1 1, ..._,, I ~.,,~-..,.~1vvw,~ ,._, ... ,.__,,.,--..~,. 'r....\\C.\\".\ 20030930003049.009 !f the Property 1s d:i.m,'lgcd, ::s::;h M1sccll;.rit:ous Proceeds s.hall be applied to restorat:Jcn or repair of th:; ?rcperty, 1:· d:c r::;:5tcrat1on or repair l'.'i :..'.CC·r:or:ncJ.l/y foa.:ilble imd Lender's secunty is r.ot kssened Dunng suc2: r::~<ur and restcrat.J.on penoC, Lcndt:r _;;bail ha::::::: !lie nY\t to hold such M1scdlanwus Proc~eds unU. Ltnder has b.<l an opportunity to n:spi.:ct such Proper!)' to ~r_1urn tb.: work has bc:.11 completed to Leader's s:al.lsfar..1.1on, r,rnV!d:!d tl:ar such mspect1<.:m st:all be ~mdcrta:..i:n promptly Lender may pay for the r:::parr!> ar:d resrcratlor. m a smglt: ,hsbrrsemcr.t or ma :;encs of progress p3:,rner:ts as the '>York ts completed Ur.less an agreement rs made in ~Ttbr:2, or App]tca.b!e I..1.w r::qum .. '$ mt!::f'est to be patJ on such Miscellaneous Proceeds, Lcm!i;r shall not Jc ;::::qum:J to pay Bcr:o\vcr lny tnt:.!r~st or ::armngs on :;udi ;\,1Jsz:dla1:cous Proceed:s. lf the restomtton or repau' 1$ .:.ot ~cononw:aUy fo:1.~10lc or Lcr.dl!r';; secunty would be lessc:ntG., rhc .\hsccllaneous Proceeds .shall be apphcd to the .rurn.1 secured by :hi:i Sccunty Instrumcn.I, whether or nut t11cr. due, wtth the exi:ess, 1f any, piud to Borro-wer Such ~liscel!aneous Pro.:ceds shall be applied m 1he ord1.-r proY1CcC. for in Secnon 2 In t1'.e \!vent of a total taking, J~;;trucuon, or loss tn value o.f the Property, the :\-hscellam::ous Proceeds shall ::ic :tpphL-d to the :rnr.1.S s.t:cured by this s,..:cunty lr..s1r.1ment, whether er not then due, with th:: cxce::,!j, 1f any, paid to i3crrowcr Ir. cl::e ..::vent of..i partlal takmg, : .. b;tr;icttt.:-n, or loss m value of the Property m wb1ch the farr marb.:t value vf :.!1c: ?roperry 1m1m:d1at::::ly before the partial tak1:1g,, t:cs\l'Uctton, or Joss m value is equal to or greatc:r tl:an the .:.r:10ur.t cf lli! s.um; secllr::d by L11s S::cur:ty Icstrut:icnt LP.lJ1,e<lJa.1ety before the partial takmg, dcst:ruct1on, or loss rn vnlui.:, unless Borrowt:r anc! l::ndcr otlicn1,1sc-av-ce m '-Nrl!:ng. the :,inns :;ccured by tbJS Sccunty Irutrumcr:I s~lall bi.: reJ.m::cd by the amount of the M1scecllac:rnus Prt .. 'Ccciis multiphcd by the fo!lmvmg fraction (a) tLc tot:11 amount of the .mc1S scc1Jrcd m1mcd1areiy bcfor:::: tl:c p:m1d tika:g., dcstroct10n, or lo$S m value r.hvldcd by (:,) tl:e fa.rr mark:;:t value ofrhe Property m:.med1atdy before tb:: p:i.r-11;;.J t~kmg, destruction, or loss m v::ilue Any balance shall be p:.ud tc 3orro..,~er In the .;ver:t ofa partial takwg, Cestrnct1on, or Ioss m value ofth(! Property m winch the fair market value of tb;: !ropert'/ tmmed1:.!.tdy before the part.1:il raJc.ng, C;.::;crucuon, or loss. m value ts less than th~ amount of the sums s::curcd 1mmcd1atcly before the partial taku~g, dc:struction, or loss m value, unless Borrower and Lender othcnV1.sc agrc.:c m wntmg, th!! ,\:ltsccllaneous Proc:~c<ls sJ-::,11 be appht.=d to the sums secured by this Secunty Instrumcrn wh::ti:.cr or r.ot tbc ;;ums ar:; then d!Jc lfthe Property is abaOConcd b:1 Borrower, or 1f, after notice by Lendr..-r to Borrower (ha~ the Opposmg Party (as Jefin::d m tl::::: ne.xt .scntenc~) offers to mak:: Jn :r;1.-<1rd tu-settle a clilllll for dama&.~.S.. Borrower fads to respond to Lend~ withm 30 days aft::::r the. date the not:cc: 1s. given, Leader 1s authonzed to collect and apply the MiscdI::mcou.s Prcccc6 C"1tf:er to rcstoranon or repair of ti1c Prnpo.:rty or to the sums secured by this S.ec1.mty instrument, wt:.c:ther or not '.b.::n due "Oppcsmg P:my'' mear.s the tbrJ party that owes Borrower !vhsccllancous Prccecch or tl:c par!'/ ,iga1:~st ·,vhor:i Borrower has ::i. nght of acu;;.:;; m reg..:rC 10 M1sa:Uancous Proceeds Dorrower ::hall be m default if a1:y .:ict:on eir proceed1r.g, whether c1v1! or cnr::nnai, is bcgui, that, m Lcn<l~r's 3udgmcn1, could n:su!t m forfettl.i.re of the Prcperty or other mak:nal impamnerrt. of Ll.--n<ler's u!ten:.st m tr.e ~=o~crty or n.;hts und~r this Secunt'/ Instru1:1ent Borrower r.::an cure such a default and, if .1ccelcrauor. has cccurr'.!d, rcu:.•.tate as pro-indcd rn Sct.'11cn 19, by cau:,;1.n~ the act.too or procccdmg to be d1snussc<l wdh a rn!Jng !hac, rn L.:.•n<lL"r's J•Jdgment, ?rechxks forfomJ~ of t.',e Prcic'.:rty or other matenal 1mp.aument of Ler.der's mtcrest m ell:..· i'roperty or ngl:ts urnier thl.s Si.:cumy lns:ru.r.c:r:.t The proceeds of any awJ.rd or claim for U:unagcs d:at are attnbuta.bk to the :mpainm.:nt of L:r.der's 1.:11ir::-~t m tb:: Property .ire hereby asstgncC and sha[I be pa1d to L.:::nder All Mr:-:c:clhncous ?rccccds the.: -.rre. r:ct ap;:i1::d to r ... -storatton or repair of 11:c Property shall be app!.:::d tn ihc :::rz~~r pron<lcd form S-1..-chon 2 12. Borrower Not Released; Fi:,rhe:,r:rnc:e By Lender Not a Waiver. Extcr:ston oftb: tmie for paymo:nt or mod.t.ficat1on oi a.r:ortl7.anon of the .;;ums :;.cccrcd by this Secunty Jnstrumcnt granted by Lt.:P..<ler ta Sorrower l'i :my Successor m lnter:;:.:t of Borrower sila!l r.ot opcrJtc to release the habihty of Borrowi.:r or any Successors in {:rccr::st of Borrower Lender :.hall r.ot ~1; rtqurd to commence proceed.mgs agamst any 3uccc:..:::ur m lmi..:rcst or" BOrrnwer 0.-to rdhsc :o -:-~end tum: for p:.l-J'1:1c:,t ;,:;;-other>V1sc mod.if/ amortization of the ;)'U1ns si:cur:d by tlns Security lnsfnnm::r:t by r:.~~on of ;:my dz:rn;u:d n:..l!.~:.: '.1y the onemal Borrower or :11:y Successors. m hiti.:r:::st cf Bcrm, . ..-er ,!.ny !·orbear.mc.::: by L.:::1:C.cr 11: ::x...:::·c1srr..g <my nght or rem::dy mc:!wdm~. w1tl:.out lm11tatw1:, Lcr.dcr·:;. Prmted .rn 3.--L?.t..JIJ8 :·. l: '.:: .. \.\~ l)oct:m.:nt: TDD ::'.OOJ.09JU0().30..!-9 l)l.ll11..il V).'\f'...,u:',l.:l .llJ\..J\J UiUCI. U'HJ,)01.) lllH:VllJ!.;t;l \... UJI' 1<.i\'C,\V:\ 20030930003049.010 acr.:t:plar.ci.: of paymer.ts from thlfd persons, er:titt;;s or Successors m Interest of Borrower or m amour.ts l(;S.S thnn th<.: amom:.t then Cue, shall not bi! a waiver c.f or preclm.k the l!Xercisc of .:iny nght or remedy 13. Joint and Si;veraJ U::.b1hty; Co-signers; Successors and AsSJg:DS Bound. Borrower covenanl'.S and ~grecs that Borrower's obhgatlor.s and l1r:b1J1ry :ihall be )Omt and several However, any Borrower who co-s1gr'~'i th1:i Secunty lrstr:m1cr.t but does not execute the Note (a "co-slgner") (a) 1s co-s1gnmg tlus Secunty In.!'itrument orly to mortga3c, grant ?...nd convey the co-signer's mterc:st m the Property under the trnns oftb.ts Sccunty Ir.strum::r.t, (b) is net persorully cbhgatcd to pay the sums secured Ly tbL'> Sccunty Instrument, and (c) agr:es that LcnCer and ar.y other Borrower can agrt:c to extend, 1:10C.:1iY) forbear or make any acccmruo<lations with regnrd to the terms of !h!s S<.:Gtmry lr.strument or th~ Note v.1tho1.:t the co-signer's consent St.tbJtct to the proV1S1or.s of Scctrnn 18, any Successor m Int:rcst of Borrower who assumes Borrower's obllg:ittOtlS under this Security 1nmllI!1cnt m 1-\'rltrng, and 1s approved by Lender, .shall obt:im all of Borrower's ngbts and be-r..e:fits under this Sccunty b:..Strur;icnt Borrower sha!I not be rele;).Sd from Borrowt:r's obltgat10ns :.1r:d itab1hty uud::r Uu.s Sccunty fmtrur:i;:r_, '-.;r:!cs.s Lcoder agre:~ to .such rdcasc m wntmg The cov~r.ants and agr·;cm.;:-nts Df this Secunt;r Instrument sf1atl bind (:.:xccpt as provided m Section 20) and bei:cfit the jUCct:ssors. ,me a.H1g:ns of Lender 14. Lo.1n Charges. Lend,.;r IT1.ay charg:.! Borrower fees for scmccs performed m councctron wuh Borrower'~ default, for the purpose of protecting Lc1:tkr's mtcr~t m the Property and nght:. ucdcr tills Si.:cunty lostrumcm, mcludmg, but not !tm1!ed :v, attorneys' fees, property u.spect1on and •1aluat1on foes In regard co ?.r.y other foe:., the absence of express author.Ty m thts Sccunty lnstrnr.i.ent to ch.'U'ge a specific fee to Borrowi.:r sli.a!l not be construed a.:i a proh1b1twn on the cbrg1r:g of such foe Lender may not charg: tees that are exprcssty proh1btt::d by 1bs Secunty Instrument or by Applicable Law rf ;J:c Loan 1s subJcct to a law w!nch sc!S maximum Joan charges, :m<l tbat lll'N is finally lllk[?rctcd ::;o that the mkrcs.t or oth~r loan dmrges :::olh:,.;ted or 10 be collected m coru:cct10n with the Loan cxceec! the pcrr:attcd l:rnrts, th:;n (J.) any such loan :h:.U-L;I..! .iba\f be n:duci::d by th~ amount necessary to reduce the charge to d1t." pi:!rrmtt:.:d lumt, .1.11d (b) :my sums alrcaCy ,;o]kct:.-:d from Borrower which excccdctl pcmutted l1m1ts \111.ll be refunded :o Borrower I..~!<1-kr rr:i.:.y choose to m:i'...;:; r:t-.1s :-d'u::d by ~due mg the prmcrpa[ owed under fr:c Note t.:r ·?y m.1.:,ang a d!r~t payment to Borrower If a. refund rc,iuccs pnncipal, the reduction Wl!l be treated as a p::lrtl~I prep::.ym:.::m without any prr.:puyrr.cnt charge (whcrl:cr or not :1 pn:paymer.r charge LS. provided ror under :he Nmt) Uorrower's acceptar.ce of any sucb refund made by direct paJ'l:icnt to Borrower will constitute a wn1ver of any r:.ght of ac:tion Borrower rmgbt have ,m.smg out of such :.iverchurge 15~ N atices. All notices g1vcn by Borrower or Lenc!.<:r m cor.m:ction wttb Lli.1s Secunty In.strumeut mt.:st be m wntmg Ariy nvtlce to Borrower m :;onnectmn ·.vith tlus Sccunty Instrument sba!I Oe deemed to have been given to BorroW\..'T when m::1lcd by first class 1:iatl or -.vTien utua.lly delivered to Borrowt.f's none.: address. if sent by other mca:r.s Notice to any one Borrower shall con::;:tlt;1te cottce to all Borrowers unless Appltcabk: 12.w :.::xpre:s::;:ly reqmrcs othen"1~c Tbc act:ce addri.::ss sha!l b::: the Property Address unless Borrower has designated a substit":Jt-:. notice address ·'Jy nom;:c to Ltt1dcr Borrowc:r shall promptly notify Lender of Borrower's chanie of address 1f Lemler specifies a proct:dur.; for reportn:g Borrower\ cb.1nge of addrc3S, thee. Borrower s:ball only report a ch,mg~ of address through tr.at spec1fi:::rl proceduri.: There may be on[y one designated notice aCCI::ss :.imkr this Sc:~n.ty In.s1rnmeat at :rny or.e ttmc Any notice to L:1:dcr shall be given by <lehv~nng 1t er by :rruulmg 1t by first da.s:s mail to Li:ndc-r's add.r:::ss stated herein uni~s Li:::nder has Ccs1gr.a.k:d another address by ncti(.;::: to Bocow,~r .~.1:y r.ouce m ,:cr.nec!ion \\11th tbs Si'.!cunty Ir.strurncr:t sh:iH not 2'c deemed to b:1c beeu given to Ler\d:c:r unt1l actually :ecc1vcd by L:!rn!:;::r If any notice rectu1:ed by this. Si.:;:;unty lIJStrument rs afao n::qu1rcd urn!r.:r Apphcablc Law, the:: Applu::abk L,l·,:: r-::qc.ir::ment will stln$fy the corresp:.;:!1drng f'-'GLltr:ml!llt under tbs Securtty Instrur:1cnt 16_ GOH!rning Law; Sever:ibility; Rules of Constructfon. T!us S:.::cunty h~trumi.:nt s.ball ht.: ioverr.e..:. 'oy i\:deral \,i:N :mJ the la·,v of·J:c Jl!nsd:ct:on m ·,vh1cb rbe Proper!'/ 1s locatcd AH nghts am.l vbh:5at10ns :;or:Dme.d m tlns ;jccunty lr:strurr1e11t an: subJect w ar.y rcq:mr.:rnents and l1m1tatmns of Appbcabl~ Law A;,pl!cablc Law might explicitly .:)r tmpbc:tly anow tb; p:1r.1es :o agrte by cont.met or 1t 1mght be silent, but such stknce shall r.ot a~ c:.:,r..struc<l as J prnh:b1tmn :igamst agrecr:ier:t by ccntr:ict In the event tb.at any provmou vr cbu!>i.:: of :b.s Scc-;nty ---------------~(-£-RS--. _,-,-,,-,-fl-,d-fc-,..;;;cJco,-,-0\-!IJ-1 P:ig~ 10ofl9 Printl..'d un J.·.,i, :c,08 7: ! , :~\, r\\l i">(1curn1~·nt: TDD :::'.CO].C9J0003049 Dl~llll!\. ,V,\!",,..L,Sl'.r :t1lUU urn er: o-+u~j r J I 11lc Utt1ccr: J Cor I<.::S,:(J, 1N.-\ 20030930003049.011 lm;truoent or the Note contltcts w1ih Appl:c:1bk Law, such conflict shall not aff.:-ct other prowm.ms ofthts Security In:,.trument or the Note which can be gt\;c:.n effect W?thout the confhcbr:g provlSIOJ! Ai used m tbs sc~-unty lr5,tr.iruent (a) words of the masculme gi:ndc-.r sr.u.U mean and u1cluC.r.; corrt:Spondrng neuter words or words of the for.irr.mc gender, (b) words tn the smgu!:rr shall ciean and mcluC..:c tl!C' picnl and vice vr.:rsa,. and (c) the -word '·r:iay" :~r,;t:s sole d1s~et10n mthout any obhg<t!.l.on to t.1.kr.:: any acnon 17. Borrower's Copy~ Borro,vcr st.al! bC' gtven Of'.C copy of the Note and of this St;cunty Instrumc1:c 18. Transfer of the Property or a Beneficial Interest in Borrower. As 'JSed m :his Sect.ion 1 S, "ln!::r:.:-st m the:. Prcperty" mear.s any legal or Jcncfi..::1al mter:.::st m the Property, mclu<lmg, but not linuted to, those beneficial ir.t;.-resfs trarisfom::d ui a O<Jnd for dc~rJ, ccmr;:.ct for deed, mstaJ.lme:nt sales contract or escrow agreement, the mtCJH of•,,..-f:m:h ,s the transfer ofntlc by .Bor:vwtr at a fotur~date to a purchaser I.f aU or any part of the Property er any Jrrterest m tbe Property 1s sold or transferred (or 1fB0rr0Wcr ts 1:ct a natural person .1.rxi a beneficial mterc:st in Borrower 1s sold or transfemxi} Without Lender's pnor '-'"ntten cor:s~m, Lem:l.!r may rcqum; unrncd1at::: payment 1n full vi :J.il sums secured J-y this Sccunty Im:trurncnt However, tl11s optmr-. st?.U not be cxcrc:is~ by L~nCer 1fsuch exercise :s prohtb1ted by Applicable Law If Lender e.xcn .. ,s:s this option, Lender sb;:J\ grve Borrower not1ce of acceleration The notice shall prov,Cc :i. p,'.!nod of not less than 30 days froi:i the d;:il;; the not.tee 1s. 31ven m .1ccordance with Scct1c1:: i 5 mthm wh.i.;h Borrower must pay a.11 sums stcured '.:;,y this Sccunry Instrument If Borrower fads to pay r!::.;;-.sc sur:is pnor to !he ::xpiratmn of tills pc-nod, Lender m.1.)· :,:voke: .:::!:y r::mcC:es pcmmtc<l by this Sccunty fo ... ,arument ·.vitl10ut fi ... 7!.hs:r notic:: or c:!.:mar.d on &:irrow:;r 19. Bor::-ower's: Right to Reinstate After Accelcr..1t1011. If Bom)w•.:r meet. certam ;;or.d1t10ns, Borro\v-cr shall have the nglu ro h.!.ve tnforccmr;:r.t of th1::; S~cunty kstrurnc:nt d.Jsco1~tmued at a.r.y tn:1.:: µnor ro cl.J.i: c,U"he.~t of (a) five days !x::for:::: s::i!c: of the Pro pert:; punua:~t to ar:y power of sale contruncd m this Sci..unty !r.$trur::ic:n~. fa) suc~i oiher p..;ncd :lS Apphcable Lw,1 might sp~ci~.r for the !(..TIDlnatmn of Borrower's nght to re1ri.stite, or (c) cr:!rJ of a Jud~T...lcr.:t enforcmg this Sccunty fostrur:~::.r.t Thus~ conchl1ons a.re th:.i.t Borrower (a) pay.s Lender all sums w!neh th(..'"Jt ·..vuuld be dur! under this S::cunty lr;sm.in~en[ :md the Note as 1f no accd~atior. bad occurrzd, (b) cure.s any d::fot.:lt of a!ly och:r cov~nanrs er agrt::m:.:-nts, (c) p:~ys all expcrtsts mcurred m ~orcmg tius Securny lnstruF..ic-nt, mc:lud.J.ng, but not lumted to, rcasot:abk attorneys' fees., property rnspcction a.c.d valuat10n foe:;, and other fees incurred for the purpow ofprotectir::c Ls:nd:.:-r':; IT,tcr;;,::,t m tl.:c Property and nghts umkr this Secunty fnstrnrr.ent, and (ti) takes such act:on as Lender may r:.::::.son.f:;!y require to assure that Lender's mtertst m the. Property :lnd ngbts undtr thts. Sect.!nty Tr.strumer.t, ru:.d Borrryw·a'::;: obhg:1t1on to pay the sums secured by tblS Secunty Instrument, shaIJ cont:mie unch.angc-d lender may requir:; th.-:.t Borrower pay such reinstatement sums and expen$i:--s rn one or r:-1ore of tbe followmg forms, as selected Dy L:rnJer (a) cish, (b) money order, (c) cemfie<l check, bank check, tr..:asur::r·~ check or c::i.sfllcr's check. prornied any .such check zs drawn upon an m.st1tut1on whose deposits arc msuri:d by a rCC:..::rJ.! agency, 1nstrumcr,;:aht:1 or entit:/, o, (d) 2Icc~on1c Funds Transfer Upon rems.tater.rent by Borrower, cb.s Secunty fnstrnment and obhgcticns s:;::.:ured iH .. Tcby shall remalll folty dfec11ve as if r:o accclaa.t1on h.a.d occurred How~ver, this. ng.ht to :rcmst;1te sbll r.ot apply m the ca5c of acceleration under Sect.ion l8 20. Sale of ~ote; Change of Loan Ser.iccr; Notice of Grievance. The Note or a pa.real mt::rest m tl:e >,;ot.e (toge:thrr ·,,.,th thls Secunt'f Instrument) can be sold one or more tum:s ~1thout prior no11cc to Borrower A .s..:.l:.: rmj:t r::sult 1n a change in the CJ:t1ty (!c:.ov.n as '.he "Loan Scrvi.cer'"') teat collects Peno<l1c Pa.yrrn.:nts due under Che Note and this 3ecunty Instnnner:.t and pcrfon::is otber mortgage loan sr;:rvtcmg obhgz-1hons under the Note, !h1s S::cunty Jr.strumcnt, and Apphcablc Law Tlii::=r:: Jbo rrught be one or more cbzr.ges of the Lvan Scrv1c::r l!t'.rchncd ro :i. sal:.:: of tile Not:: [ftht!r:: is a cbang:.:: uf :h-: Loan .Servicer, Borrower M!l be gtwn v-..ntt:::n 1:8t!CC oftl:.•-:. ch.ang~ wh:ch ·,Vl.11 ii"tat~ tc.e r.ac1c: :md adCrcs.s of th.:: new Loan Servicer, tbe adl.!.rcss to which pa_yr.-.cut; shoufd be r.iiu!e :rnd ,ni.y ctr.er mfcrmauor.. RE.SPA reqwrcs in ccr:r1c-ct1cr? • .. nth a :r.oocc oftr .. mfrr of semcn:g: ff :he Note t:i sold and tht.:r,.;;1:'t:;r tl:.c Lmn rs :ic-rviecd by a Loa:: .):.;~v1ctr otl;:;r L~n the pur.::hast:r of the Note, th~ mortgage lc:i.11 si.:rvicmg obil~1i10ns to Borrower will remain Wltb tl".':! Lo:rn Ser'l:ccr or be transfcmxi to a st1cccss:or Loan Serirc.:r :ux: M:.:: 1!01 ai~'iur.1eJ )y th:: Nut;: purchaser unlcs::; othcnv::.s:: proV1<lc:d by the Note purchaser Ncnhr B()ITO\l'·cr nor Ler.:t!t:r r:1::..y ::ommcnc::, ;om, or be jomcd to ;1ny J'Jd!ci;i.l acticn (.1.::. ~itl1t:r an 1rn.!tv1.:!ual lm,g:it:t or th:; member of a cLss) tbt ,m.:>cs from tl.Jc other parr/s a<.1::or,s pu:sua:,t to :h1s Sl!cur:ty Page I I of J 9 Printt.:d on 3, t~OUS '· J '. .-27 ..-\!vt Uucu111cnt: TDD 2i')OJ.0930003;):..J.9 VJ dCJ. u·,vo0 ! J I nir.;: Vlill,,.{;I. I "-,Ull .~ld<!Ui! JL. 20030930003049.012 KJ:-,,.;(i,\V,\ frstru111_en( or that alkgcs that the oth.:r p.'.!.r!J h.'.!.,;: br,:!achcd ar.y prov151on of, or any duty ow::d by p;ason of, this Secunty Instrument, unttl such Borro.,,.:er or Li:;mkr has notified the other party (mth ;n;ch notice given m ccmpl1ance \1/lih the requirements of Scc:ton 15) of such alleged breach and affordi:d the other party hereto a reasonable per:od after the g1vmg of su.;h notK\! lo take com:ct1ve a.cuon 1f Applicable Luw proVldes J. tm~: penod which must elapse before certam action c;-m ':,i; takcc, foat time penod vnll be deemed to be n:aso1:;1bk for purposes of this paragr.1ph The r.ottce of accekrat.10:1 and oppmturnty to cure gm:n to Borrower pUtSU•mt to Stctmn 22 and 1he not:cc: of accderauon given to Borrower pursu:mt to Sectmn 18 shall be dccr.1.ed to sattsfy the notice am!. uw:ortumt'j to tab corrccuvc at.'tl.on pn.iv1s:c11s. oftl:1s Section 20 21. H:02:1:u·dous Substances. As u::;.c!d m this Section 2 ! (a) "Hazardous Substanct.-s" are those snbsur1i..:~ dct:ncd as toxic or hazardous substanci:s, pollut"-.."tts, o~ wastes by Cm1romnental Law and tl:.e fol!owwg $Ubstances gasohnc, k.::ros:;nc, other flar:unable or tox:ic petrolcur:1 products, tox:c pestictdes and herb1c2dcs, vol2:t:1e solvt:i:cs, matenals contarnrng asbestos or fom1~ld.t:hyc!e, .:.r.d raJ1oactrve tr.atcnals, (b) "Er.v!ronrru;:ntal La,v'' means tCdcral Jaw5 and laws of the JUflS<.heticn wt·.:rn tb: Property IS located th~t ~date to health, safoty or •Jr.V!ror.mcntal pro1cr...'tloJJ, (i:) "Envuonmenta.l Ckam:p" 111dudes any n::sponse: ;:H,1JOn, n:medial aetior., or removal actton, .t$ Jefincd :n Er..v1ronmcntal Law, and (d) :,n "E:iv1ro1:rne1:.t,1l Cond11.:!on" mea.,s a cond1t1on that can cause, canmbutc! to, or othi!nvise trigger an EnVlronrncntd Ck:.11:up Borrower shall :1ot cause or p:-.r::!t tht: pn:sence, use, disposal, storage, or rek:asc of acy Ha:r~mlou~ SuO:m1ncc.s, or ,r.reaten to rekase any tLu.ardo\iS Subst:mces, on or m the Property Borrowt-r shall not do, nc,r allow any,::-ne: else tu do, anytt.Jng atfectmg the Propcrt'/ (a) tliat 1s m v1ofa.t1on of any Envirorunc1,t:1! Law, (b; \.Vbcb c1:.:;i.tcs: an Euvuonmcntal Cond1t.1.on, or ( c:) which, di..;.: to the preseP.Ce, use, or release of a Hazardous Sub,-r.11,i.::.:, creates a cond1t:on :hat adversely affects the value ofihc Property Thi:: precedme: two ":>Cntenccs shall not apply to th~ prcs~ce, use, or storage on tbc Propc.:r:.y of s;nall quantities of Ha.zardous Substances rbat an:: gtr:.cr."Jly recogr.tzcd to Oi.: appropnaic to nomul r:;s1(!c1,o:1r uses and to mamtenancc of the Property (1r.duduig, but not hm?ted to, baz.art!ous substarn:;cs m cons1;r::er prodi;cts) Bom.l\VCr shn11 promptly grve Lenl.!:.:r v.nttt.:1, not2c~ of (a) any mvcstlgab.c·n, cl.mn, Jcr.iar.d) J;1•.:.-::,u1t or od:icr action by any governmental or reg 1.1h:tory ag-:r..cy or pnvau: part'/ mvolv1ng the Property ::i.nd ac.y }fozan.!;;us Su:Jstancc or Ei1v1romnental Law of ',v!ud1 Burrow~r has ilLTua] knowledge, (b) any En1,,romnental c.:..1-ndrttcP., ir,cbdmg but not lumtco:! to, any spilling, !::ak11,~, disc!~ge, release or thre.atofrclcase of any Hazardous Subsun.::..':, ar:d: (c) ,~ny cond1t1on caused by the pr:s:::r.ce, :.m: or rt.:lease of a Hatardous Substance which adversely at1~cts t!J.e: v:ik.c of the Property !f Borrower lean"'.S, o-r is notified by any governmental or regulatory authonty, or ar.:y pnvat:;' p:.i11y, that any :emoval or other rcm::L'.:rrnon cf ar.y Hazardous Substance: affcctmg the Property 1:s necessary, !30r:owcr shall Dromptiy take all ncccss:i.ry rr.:-r.1ed1:-il actions m accon.bncc Wlth EnVlronmcntal Law :Notbmg hcr~1r. shall s:re:.tfe a,~y obilg.i.t1on on Lcrn,kr for :m Environmental Cleanup NON~UNIFO&Y[ COVENANTS Bcr:-owcr and Lt.-ndcr further coven.ant ar.d agree a.s follows Z:? . .-\ccelcration; Remedies. Lender sh:dl give notice to Borrower prior to acceleration following: Borrow~r'> bre-Jch of any coven:mt or :igrccment in th:iJ Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides ocherwisc). The notice sh.all s:pecify: (s) the default; (b) the actDn required to cure the cJef3uJt; (c) a date, not less thac 30 days from tbe date the notice is given to 8or:-ow~r, by which the default must he cured; and (d) tb:it failure to cure the default on or before th~ date speofied in the n,)tice may result in ncceler:1tion of the sum.s ~ecured by thi$ Set1trity Instrument anti .;ale of th.: Property at public auctwn at a d:1ll..' uot less than 12U days in the future. The notice ihall furrher inform Borrower of th.: right to remstat~ ilfter 3ccele:-ation, the right to briQg a court action to ass,l!"rt the non~ e:ds::-e11t·; of a default o::-~my other dcfcme of BDrrower to accelennon and s:de, and an~1 other m:J.ttas reqmred to he im:lmlcd in the notice by Applicable Law. If the default is not cured on or before the date 5pc-c1fied in rbe notice, Lender at its t)pt1011, m:.iy r~quire immediate payment 1n full of all .;:1.rnis secured by thh Se::urity Instrument without further di:m:rnd and may irlvoke the power of iale !Ind/or :rny other re-m;Uies permitrcd by .-\pplk:ibie Law. Lender sh;,11 be entitled to coDect all e . ..:penscs mcurn!'d in pur<;uing . ----·--------------------·--··---~- Pag:..: 12 of 19 !)ocu:n:.:nt: '1"1)1) :1J0:;_l),J31JOOJ(H9 KhU.W.\ ur,kr: 6·1UtPf:J J'Jtlt: Officer: I Con 20030930003049.013 tl1c-remedie~ provided in this Section ~2 1 inctu<lmg, but not limited lo, reasonable attorneys• fees and costs of tHle evidence. lf Lender mvokes the power or sale, Lender shall give written notice to Trustee of the occurrence Bf ::Hl event of default and of Lender's ;:]cction to cause the Property to be sold. Trustee and Lender 3h:i.U bke such action ri;:-garding notice of sale and ~hall give such notices to Borrower and to other persons as Applic:.ible L.1w may require. After the Ume required by .Applic.1ble Law and after publication of the notii.'e of 1aJe, Trustee, without dem::md 011 Borrower, iha!l sell the Property at public :rnctmn to the highest bidder at rhe time and pfoce ,md under the terms desig:n:ited m the notice of .sale m one or more p:1rcels and in :my ort.lcr Trustee dttermiucs. Trustee may postpone sale of the Property for a period or periods l)ennittcd by ApphcahJe Lnv by public anuounct·mcEJt at the time and place fixed 10 the notice or sale. Lender or irs de.signee may purchase the Property at any sale. Tru:,tee shaJI deliver to the purchaser Trustee1 .s deed conveymg the Property without :my covenant or warr:rnty, expressed or implied. The recitals in the Trustee's deed shall be pnma facie evidence of the truth of the statements made therein. Trust~e shall apply the proceeds of the sale in the following order· (3.) to sll expenses of the sale, including, but not limited to, reasoaable Trwteets and attorneys' fees; (b) to all sunis secured by this Security ln$trument; and (c) any excess to the person or persons legally enntled to it or to the clerk l.)f the superior court of the county in which the sale took pl::1ce. 23. Reconveyance. Upon p:iyr!icnt uf ~11 sums secw-ed by this Sccunty Instrument, L1.-1:der sha!I r::::qw.:;::;1 Tn,slei:: to rc::r.mv·.-:.y th-~ Property and sf'.3.l[ :.urr::n:..kr tb1s Sccunty lns!rnmcnt <!r:<l all notes evtdcr;cu:g r.k:bt securcJ ':,y :hrs Sccuray !r..strumer.t !o Trustci.: Trnst,:c :sl::.d! reconvey the Propi;rty without w.i.rrant'J to I.ht; pcrsan or pcrscns 1:::gaHy :::::t:t!t:d co 11 Sucb p;;r:;or:. or ~i.:rsut::. shall pay c1n; n;cordatir.m c.o:-;cs a1:.tl rlw Trusl-.:.e's f~t: for pr::parmg the n:-:ouv::yarn;c 24. Sub:,titute Trustee. k. a;;corch"1..::.: with Applu;f!b1e La·,v, L:nC.cr ma;,• from t1mc to t1c:1"°' appumt :i ;:;ucct.':isor trust.::; to .i.P.y Trustee :ippomt::d hcr::und·.:r •,1,bo bas ceased to act Without conveyam.:..: of the Prupt:IT/, tf:c :mcccssor tn.:stc::: shall suc:ct=ed ro al! rh1,; tit:·~, ;:io·w::.:r and duties conforred upon T:1..1st:c hcr::w a:iC by .\ppllcab.k Lr,., 25. U.se o-f Property. Thi; Prcperty 1.> r.ct us::d pnncrpa.lly for agncultural purposes 26. ,\ttornc-ys' Fcc3". Lender s.JMI! be crirnkd co rccove: 1.s rcascn<lbie -1rtomc}'S' foes and costs m any act.on or pro-;ccdmg to co11strue or .:m.fon.>.: any !cnn of t1n& Secunt'/ Instrument The tenn •tattcmeys' fo~>s", when,;::vcr usetl m thJs Sei;unty Insuumcr:t, s.!Jall include without hm1tatiGn attorneys' fees mcurrcd by L~ndcr many bad:.ruptcy proceeding or on appeal ORAL AGREEME'.'ITS OR ORAL CO~l\llTME.'<TS TO LOA:-1 MONEY, EXTEND CREDIT, OR TO FORBEAR FRO,l ENFORCISG REPAY'\!E:'<"T OF A DEBT ARE NOT E~FORCEABLE UNDER W.,\3HT~-iGTON LAW. BY SIGNING BELOW, Horrov.-e, accept.:;. ar.d agrees to the tem.s and r.:ovcn,mt'i contarncd m tlus St::cumv '.r::str Jm.;nt nm! m any Ra!cr ;;:c::cut::d by Borro,.,,~r and recorded with it • !)~)CUllltllC: J'l)l) 20J3.093U0031)49 W1tnes.s~s ?rn:ti..:d Nam::: '.(l\(J,\V.-\ Dus:11ni,~nt: I'D[) 2C03.t)93000JO,N VI US:). u·n.,oo _l I HJ-.: Vli!l,..;,;l {P/11;,s& Ccmpwtiij )l,t.lUH JU . C,, h ... 20030930003049.014 (Seal) -Borrov,>:::r {P:mted N:mit;J cs~al) -Borrowt:r :"f'.~r>kd NiJir.aJ (Seal) -Do=w~r {Pnn!W .'iam.tj (Seal) -Hor.O\\Cf ·-··-··--·---!Ar:knt,·,v!,!dJml•fil cm Following Alr;o} ________________ _ Pag~ l4 of 19 n .. 111,..1; •~:\1"-,"-.,-~,,_.1 .11,,,_,,._, i(l\(i, V,,· _.\ S<at, of 0,n { uA ,0 County of £>v § § ss § I certify tbt 1 know or have S:ltHfactorf evidence that 20030930003049.015 _ _, :\ [n:11rte r;fpers()nj 1s the p::rson who appeared bcfur:: me, 3r;~ s.a1d pcrson(s) acknow!cdgcd that (hc/shc-,~tgncd this tr.srrumcnt ;.;ml :i.cki10\vb!g:ed 1t to be (h1s1hi.::rB-Jree an<l volunt!ry act for the uses ant!. pwvuses mcnuoneti ,u the 1r_'it'1lf';JCI1t (Sc.!!) W~sh:ug:un Drcd ·iCTru.\:-Su:t,'Jc F1C".:!1-F1nrne .\1ldFnd~,c \!:i.: !.TNIFOR."\·1 L~STRlJ~fEXf I illl1 IIIII IIJ I i~i 1111 II i~II ill! Iii illl ~11111111 lfflil ~ •111r ,,. ,.,.~~~:'.;~ G P M W O ~ 0 & 2 • 7 ! 3 3 1 1 l 1 Pagt! 1.5 of 19 P~1nrcd or:. 3.4:·::?:0US 7 i I .3.: .-\:\.1 Documl.'nt: TDD ~1J03.09300030,i9 1_\.J;'.(I.\VA •, .. A.Ill' 20030930003049.015 Loan NumtJer: 0082478330 ADJL"STABLE RA.TE RIDER (LIBOR Index -Rate Caps) THIS ADJUSTABLE RATE TUDER is mal:e this 24th day of September, 2003, and is 1r.corr,oratcd mto a::d shall be dc~mcd lo amend ar:d suppis:1::e:1:t 1b: :\-lurtgag~, Deed of Trnsr, or Deed to Secun: Deb: (the "Secunty lr.strur.:J.ent") of the same date given by :b l!r:do.:E!gned (tt:.e "Borrower'') to sccurc !he Borrower':. 1'.io!::: 10 Grc~nPoint :\lortr.:ige Funding, I.tic. (tl:c "L;;nC;;r'') oftl1c same Jat:: ar..d cov~nr.g tr.c ;:irop~ii}' descnbed m the Sccunty lr..s.trumer.t a..r:d loc:ttcd 1t 710 South 2Jrd .St:-ect, Renton, WA 98055 [Propcrry Addre;sf THE NOTE CO"IT.·\l:'/S PROVISIONS ALLOWl"IG FOR CHANGES l"I THE INT!illE&'T !UTE .-\"ID THF; MONTIILY PAYMENT. THE NOTE LIM1TS THE A'\IOl.:~T THE BORROWER'S IN'rEREST R."-.TI: CAN CHANGE AT A.'IY ONE Tl~!E A."ID TIIE MAXIMUM RATE TIIE BORRO\VER MUST PAY. ADDffION_\L COVENA,""fl'S. In JJJ1t1v1, to the: cove1:ants ar:d ~giern.:.tmts w.<1.l'.:.! 111 the S:c:::um--; !,:strumenr, 3()rrowi.'T :ind Lcr.dcr further ::ervci!2.nt :md ac.:rce as foHows A. INTEREST RATE A"ID \!O~TI!LY PA ¥.\!ENT CIL\NGES The Note ?rovt<les for an imttal tr,l:;:r:::st rat::: ;::f 5.625% The Note provides for cl>..a.r.gcs n~ the 1r.!er:::st rate ;i.r .. d tt:i;: mor.tbly paymeds, as follows 4. !NTERE&'T RUE AND \JONTHLY PAY.\!ENT CJ-L\NGES (A) Change Dot~s, The mt::rcst rate I WJ.11 J:ilY :~uy ch,:I1ge en rbc first clay of October~ 2006, ar:d on that day every sixth mOisth tm..•n.:atk'f lliid; :.:at:= on whi:.:h my mterest rati.: s:oul<l ch.2:-!gi;-u; caHed a "Char.ge D:i~·· {B) Thi.' lnder Begmmng with tbe fir:;t Ch;mge D,:1;::, my interest rate W11l be based on an fuJex The '·foCex'' is the average of mler':i::.n.k offon:J r:.i.:es for :.1x-rno1:th US doll.tr-<lcnornmatl!d dcpos;ts m ____ ~.c !.ocdo, cm~t ("'Ll~(~R';, ~'-~~bbsbcd m me Wall Street~c,,,::1~ 1 :~ r~~~,dcx :-,rw.11:t:.i.k ,1.c.lJud:ibl.., tl:.il" R.Jcr ('".i..JBOR lmkx;-.:ii.:,:;!c '.-'""::i.y -J•1l·JJic :\-fa,: l.:NH"Q.R,\1 INS'ffii..'ME'ff r•or!.1311: l:O.l -Tm: Co.,1rw,\.'la,; !iovRci,;,.1:-:c:-ra:;e l of 4 illllllll! II! H~IH!llllliilUllim 111mrn,llllf /IIJf "' ''•'-_,_,. C,!'•..t'N;.)(l0!l247ij;J.J.~11 / hgc 16 of 19 D\JCl11111.?Tit: 'J'Dl) 21)QJ.09300UJ(} .. (9 l:>r,mcn · w :\.!<....,t.:s~r :t11uu '(!:\(,, \VA 20030930003049.017 figure av:ul.!ble JS of the fust lJ1lS11::.:s> Cay of the month nnmcd1ately prcccd.mg the month ir. ·wfoch d:~ Cb.r:ge D-t.te occurs 1s calkd :l:e "Cun:::nt !mkx" If 1bc Index 1s no lon~cr avail~b!c, the Note Hold1..-r wt!I choose a m.:w mC.ex that :s b:tseC upon ccmparablc mfom1atlon The Nck Eu!dcr ,vill give me notice ofth1s chmce (C) C:1lculatioll of Ch:mges Befor:::. each Change Dau:, thc ;\otc Holder will cak,illatc my new interest rate by 3Jdmg Twl) and. 250/lOOOtb.'J pcrccnt;);gc pou~t.s (2.250%) to the Currcnr Index The Note Hulder w11l then rour.d the resulr of this adC1t1on to th,.;: nearest or..e-e1ghth of one percentage ;iomt (0 125%) SubJCCt to the lmuts stated in St:ctior: •!(D) below, th.is rounded amount w1U be l!l:Y new ;r:tercst rntc unul the next Change Date The Ncte: Holder will then dctcmm1<:: the amount of the monthly payment that ',\'ould b1; sur1'icicnt to repily the unp;ud ;mm:1pal tl:at I am expected to owe at the Change Date m full on tb.: mat!..lf1ty datt.: .;t my new mtercst rate 111 rnbstonttillly equal paymcn!s The result of this ca.lcufat1cu wrH be tt.i; new .i.mount of:ny :w.>r.tf.ly p,,ymcr.t (D) Limits on lntcre:;t R~re Changes The ir:tcrcst :ate I :m: n.:c.uir::d to p.:.y at the first Changi.:: Date will not bt.: grc~ter than 10.625% or bs than !.250% Then.'<1::~-r, ray mten::st rate will n~vcr De u:cr..:ascd or dc1.-reasd un ar:y s.mgh:: Lllar:ge Date by Ir..or1; thi.i:1 enc percentage pomt (1%) from the rate of n:ter~st I have ~~::n p::i.y1ng for chc pr~ccdmg: ::iL"{ mor:tLs :Vly interest race Wl!l r.cvcr be greitcr thar. 11.625% (E) Effcctiv!! O:.it~ of Changes My n-:.,,,. mtcrcst rate will :leCQr:ie eff'.!ctne vn each Cl::.ange Date I will pay tbtJ :u:1cui1t of my ne'-v monthly payment beg:.r..r.m~ an the fo:sc monthly paymL-nt date after tl::e C1'.2nge Date m:!il the amount of my rnonthly pa;1nc1:t d~r,gc;s :i.gam (F) .'fotice of Ch:.1nl,!c:,; The: Note Holder will J;;hvcr or mail to me a notice of any changes m my mtc:rest r.itc a."1d the ;'.J.lr.ount of my mcnthiy payment be for:! tb dfoctwc date: of any change The notice ',1,11! mc!u<l:: mforr:1atmc required by law to~-: e:\'c:: to me a.nd also the title and telephone number of a person who will ans\'r'Cr any quc::i.1.Ion l r:1a;,c h;.lV\!: r~g,i.n.lmg the r.cttcc B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER L:mfunn Cover.ant 18 vft:le S..:::urity lm.trucent 1s amend~d to read as follows T:-:rns.f~r of the Property or a Beneficial Interest in Borrower. As usd m tbs Section 13, "Interest m die ?:-opaty" means any legal or beneficial n~t:rcst m tl:e Property, mclud:t!g, bi.;t 1:01 hrmt::J t;:;, those beneficial mterests tn.nsfom::<l rn a bor:d for imu,is 11b /?-!::o_ __ -------------:\l·J.tlirlllt •. \dJu1t~blc R.:m RKkr \LI30R lmJtI)--.~,r.::,::,: ;'.i.::;;.ly-F m.!die )be I.;1',iJl;OR.\l U..STRIDfI.."IT Fonn :H?2 JiO! -'ni::: COMt'l.l,-'.:..ci. Somu:F1 l,'iC.-P.1:r 2 of 4 !illl1 lllli llll l~J~m,1~:lllllm~llllll!~l~lllllilllillllf. n. ,.,,.-. '-•• - ~?~tW03iJ82l7~JJ.Jt1 l l';;~c 17 of 19 UoCUi':li.!l:t: ·rnu ~OOJ.09)0()()30-19 KI'.\C,\.V .. \ 20030930003049.018 Jc:ed, contnct for dL:cC:, msrallrnent sales contract or escrow agrecr:ncnt, tb: mtcnt of which 1s the transfer of ml~ ·,y Borrnwt!r at a future date to l purchaser If all or any part of :he ?roperty or any Interest m the Property is sold or tr.ir..sfuncd (or if a Borrnw':r 1s r.ot :>. narur:11 pt.-rson and a ·:,t,-ndictal mtcrcst m Borrower is sold or tr.!.nsfi:rred) wt:h..:1,c Lender's pnor wrmen consent, Lender oay reqmr::: 1tn.r.1ed1atc pa)'!W:;;t m f:i:J uf ill! sums secured by tills Secunty lnstrumer.t However, tbs opt.on .sl".all not be ex:.::-c1s..;d :)y Lcnd::r 1f such exer~sc 1s prohib1tcd by Applicable !...:iw L~:1Cc• aL,;;o shall not <.:xerc1s:: this option 1f (a) Borrowcr causes to be subm1rtl!.C. to Lender mfomiauon required by L.t:ndcr to ~valuate-the mtcndcd transferee: as if i! new :oar:. were bemg maCc ,;o the tf<!t~force, and [o) Lender reasonably dl.1(;:-mJtl~S that Lcni.!er's se.;ur.ty will 1:ot be 1mp:med by the loan assumptlou and that the nsk ofa breach of any covenant or agreement LL! tlns Sccunty Ir.strument 1s acceptable to Lender To the extent perr.utkd by Applscable Law, Lender may charge a. reasonable foe a:; a cond1t1on to Lender's cm;;,:c:nt to the loan assumption Lender may also rcqmtc the tr.-.nsfon::c to ::.1gn an a::;::;umption a&rc:.:mcnt that is aci;ept:abk to L..."1lder and that obhgat;;;s c.t1e mnisfcrcc to keep J.11 d::.:: pr:ml!Ses and agreements r.iad: m the Note and m this S:!c>.:nty Instrument Borro,1::;r \1.t1ll contmuc to be obligated :md:.:r the Note z111d 1h1s Sccumy Instrumc::t u:1:e:,;;; L:.::1:Ccr rdi.:ascs Borrower m • .. •,ntmg {f Lender t:xcn:1scs !.he opt!Ur! to :i!qu1rc nnmedtate payment m full, Lender shall g.i.ve 3orrnwcr cJOtJce ufa..:-;;:.:kr.:t:c-1: The notice sbzll proviC.c a pt:nod of not k:ss (hau 3C J;:;.ys from tl:.c: date t!-:.e :10u~-c :::; 5r.'•:c m .J.Ccordance w:ith Sc(..'1ton l5 w1U!.n whtcb [brrnwcr must pay al! sur:1~ sr.:1..4.Jrt::i by 1l:1~ Sccunt/ Instrument lfBcrrower fails. to pay tb.:~i.; :i,Ums pnor to the :xp1ratlon of this pcrwd, LcP.der may mvok{; ar.y n.:mcd1cs perrmttr.:<l by t!m; Security Instrument w1Ll10ut fur;:r'.;,:r r:0t1ce or <lcrrnr,d on Borrower u~y S~GNING !3ELOW, Bon.owcr ,tL'..-.:p1:::; ,ind agrees to the terms and cover~'1!S .;ontuned Ae.1/ /;, Rate Rider _,# 1 1-{l~t m (Seal) -#-£mu__i_,_iil2_ :r. this (Seal) fiormJl91 t;O! l':i~c 13 of 19 i)()l.'um~n: nJD ::ooJ.osiJ00030.t9 Di,:11\..iJ. ¥~.'\l"\.,~,:-,o,,:; .111\.J'-J 20030930001049.019 (Scc,:J Renee L Ott -~--JI.---.. ~-li,/, ~---(Seal) -:..!o:rowc:r -8w;owc.r --------------=~~---~--------------------){:iltl\:a,~ ..\<lJW$:tbk lot,:, Rider (LIB Ok 1'1de:i)--S1.;it:,:1:: i;u:.:Jy-.Frn:Ww >he UNIFOK.U J.NSTRU.\-1£..""•ff fQrmwn L'Ul -Tl!~ CO.\il'U, .. -...CE ~OUR.CE, L'iC..-rage~ of 4 •11t11111111111111~ llllillllll/lll!llllll]llmlill~ 111 lll ~11r· "· c-~~--~---''" a ~ M w c o o ~ 2 , 1 q 3 3 o 1 , r K!.'-i(J, \V.\ ?age 19 of 19 l )ocu,11..::111: i'DD 2'.)0 3. 093000 .. 30~:; ~L'\(1, \\-:\ JU<;COIWI:'<G lU:QIJESTED HY A,._D ',\-!mi Rc,.'Otiltd R1eluru 1-o: .'rluriq11i1y, !zic. 601J .'i. Roy:il .\vi,. E:v:uuvillc, JN -f7715 20030930003051.001 SUBORDl.~AT!O'i ACIU:E.\U:NT # J~-,9~:417 )fortgngon: ~obcrt P. Ott and Renee:. Ott Mortgagee: :\1orEquityt lnc. C~JCAGO mlf INS. CO REF# 11!3\'J l, -t ,1ortga~e; D::i:e: DecCl!l.~_S!_ 17, 2CO~ Dmc R-:ccd~:: QL-ccmbcr 23, 2002 ?nncipul A:r:ou.,t: S 21.500.GO Rt:cor'.!i:1g :So. :zoc~ !2.23002590 Co\;nt)' Rl!cordc<l.:. ~J~ Couw[v Legal Desr..-npu-Jn vf P:-opcrty. ~~;1 ;ut.1dl.d ,:CJCl ,,L.~., A<l<lre-ss ,:,f Prnpcny: 710 South 23td S:.r::cc Renton-,__~A 9~·G55 Lender (Requesting Subordination): Gret.>npoint :\-Iortgage Funding, Inc. K:-.IOW ,\Li. ;',ofEN RY Tili\SE ?RESES:S, :bi \L1rt~~,;e:·, :::n theJate Ket forth below, for v.tiuabie ;or.siC.:rn.;:on :,wd 10 :tu:. hand, .he :..x;::::pE .:,f ·.;,\1Kh :s h~cby rlnowledgt:d, :iettby a.irecs chat certaln :,.iort:;::i.g:: g1ve:!l by :Vlor<.gac:.i~ ·.:.·~.:c:1 :s rr:o~e :"uily descnood !lbove, a legal L'.!!!icr.pt;on ,:,fwh:ch :s a:t.l:::htl! !lcnrto as Ext: :t-1: A, •;,.·hish ~-icr'!;:t:;e CCt'.!ututl.:-5 ii ilcn i.:por. the Pmpecy abov:, sh.'!l: l:CT"..!1!':t:r be ..-~dim!~ m !:c:-:, pnomy :,_n.J dutnbuuon to the following Murtglg:e :leid :-1:, l .<!nJc: =~d U::ove, net ~,;co!~,J:r.z 6c :"ol'.Jwlng pnnc1pnl 11.IlK!unt and interest n:~. P:-!r..L.lp-ii'. .·\ml)UJlt) l 71,Q.2.0.00 Dated; Book: . Page: Interest R:ltt.!: % (per ycur) County R~~~-~;ied: 'J...CO'> t;q_J,iO C)_0_!0-i 'J~ Ft.:RTEER, 11 is i.::x;.,ressly understood ~d .'igr::cd tha! !his Subordirw.t10n :\grccmcr.t Sf.,:i,il not appiy to ;.1;n.y n.:r1:-::i;King, u:nc•,,cll or cxti=re.;on ofilie Mort3ag(! fr,..lr.-1 ~fortgagcn: to Lender. ,\~n.'Cd ~:.J Or! ~.!:is,!• ......._ (\·--rJ\ ----'(C ,iortg,gce, ~ity, ''°:"" _:~~["u-) cly . _. . .. 1J/ r"iitlc· As:HST V1cc--Pr::;;i,knt •. S::i:i.: vflndiitnu.... :} Cot:n:y 0fV:.mderburgb ,.:;~ On 1h1s day, September 25._,?, 2G03, bi::Or:.: :m.\ th-: W1dt:r.:.1gned i~dlV!du.ll, persor.ulry appcarcJ J.A :<.:·}_~'.1:ik. , personally known to me, who ackr:ow!cdgcd hunsdfto be ~c Asslsta::t V1,.;t-?rc.s,Jent of Mortgage Operatlons otMorEqmry, [nc., :1nd th.!r he, as 5:Ucb, ':mng ut:thor.zcd to do so, l!Xecuted the r°cr!!_gmr.g i~stru.--r.c~t for tht: ;mrposcs ~h::,>;.:::: :.:or:1:unc<l by Sl!,'1ll1lg the name of ~h: corpor:!Mn 1--)y li.imse!f cmdcr Thi! t:1t:c :r:1b:2:cd ~:;_VdT~?~ w1_q,_·RZOF, l !i;r.:: ::;;r(.'.·,;;::o ~~·: :r.y ha.'?d ar.d otT:cial seal f: 11:.L _--?!_--<..~~ ';::?'~~i,--4--( .. 2oey.'.0Z::.Jk" ;;,;.,;, ~;;;ce .. ·:;,20~rti'.2 ; G:.' \ ·" \ ; . )-.. \W. /: :,:;:_ ........... ··:.. ·., J. 0 ~1 . . .............. ,- l'wc I of I [)o..:um;..·nt. SUB \.-!TCi tir::.ncn · ,,.,,. '\1','"-~ci .1 t1u,1 '-.. .-"J"<.,, U .. T\/'1,J,J ••~·--'-''"•'""'-••, .._Y••• Ki:'-<CJ.\\'.\ 20070910002187.001 '.'lk\IE: Robi:!rt & Renee Ott ADDRESS: 18020 Sout.'least 132"J Str::ct CITY, STATE, z:p Rcr:ton, WA 9qQ59 fflHHIHHIIHlli 20070910002187 TICOR NATIONAL EAS 43 00 PAGE301 OF 004 . ~/10/2007 15:24 IC?NC COUNTY, UA g,} TICOR TITLE COMPANY _ 600 S_W 39"' Street, Suite #1 O_Q,_Benton, Washington 98057 ____ T_IC_O_R T_I_T_LE_ DOCUMENT TlTLE(s) W005J!2-1 EASEMENT AGREEMENT REFERENCE :'lIDIBER(s) OF lJOCU~JJ,N'fS ASSIGNED OR RELEASED: ~ 0 D ,\C<litional :i'.Jmh-crs on pc;:: __ -------of document GRA.YIOR(s): I. Robert P. Oto ""l R:::ncc L. Ot: 3. Cat!Cidor:.n.J n~rr.es on p;ige _ GlL~'iTEE ( s): I. Li~ Luu 2. Elvis Doi'.!n 3. o i documet1t L::id<li~ion3l narncs on pugc ___ of document LEGAL DESCRIPTION Lot A: Tract 15, Plat 11-2 ofR~nrn:i Co~Operative Coal Compa::.y's Acres Tract, Vol 9:"27. Lot B: Ptn Lt l5, Pfot #2 ofRs:ntcn Co-Operative Coal Company's Acres Tract, Vol 9/27 ASSESSOR'S PROPERTY T.,x PARCEL ACCOUNT NIDIBER(s):Lt A: 7222000090 & Lt B: 7222000091 ::JaJditional 1.u ;i.;c.Ju1:::; .1:Jrr:bct3 ;s 0:1 ;:11gc ___ of docllr:1cnt The Rccord~r will rely on the inforn.1:1ti<Jn pnn-ided on the form. The staff will no\ rcud the Joct;mcnc lo v1:rify "'.be ::acrnncy ur wmplcteuess of th= i1nltxin;: information ;>tovided herein. P::ge i of -l PrinL:d ,m J,.i :.oox 7 : 1 ·3iJ :\\.! Do....:umo...·i:t: l,.\S 20U"7 .09; \)002 ! 87 "'""" ., , '"" ,._,,,..,.,,.,,. > '-Vll '.,:; IUI i I~. ; ;\ ·~ 200709'10002187.002 EASEMENT AGREEMENT Th,s Easement Agreement is enlered into by the undersigned <)wners of the following legally described real properties, which are respectively referred to as "Lot A" and "Lot B" (only for purposes of clarity in this Easement Agreement and not for any other reason): Lot A: Tract 15, Piat No. 2 of !\enton Co-Operative Coal Company's Acre Tracts, according to the Plat thereof recorded in Volume 9 of Plats, page 27, in King County, Washington: EXCEPT the West 70 feet thereof; A,\/D EXCEPT the East I 00 feet thereof. Lot B: The West 70 fc:et of Lot(s) 15, Plat Number 2 of Renton Co- Operative Coal Company's Acre Tracts, according to the plat thereof recorded in Volume 9 of Plats, page(s) 27, in Kir.g County, Washington. Lot A is owned by Robert P. Ott and Renee L Ott together as husband and wife ("Ott"). Lot B is o,med by Lin Luu and Elvis Doan ("Luu/Doan"). The parties hereby agree as follows: l. Ott grnnts to Luu/Doan an easement on and across Lot A for ingress to and egress from Lot B. (See attached map Exhibit "A") a. Said easement shall be 26 fee: wide including a paved road being 20 teet wide, leaving approximately 3 feet unpa·,ed on e:ich side of said easement. ·o. The easement shail run along the west boundary line of Lot A, wiL'1 the west line of the easement being that same line that is the west boundary line of Lot A. ,. Luu/Doc.n, and/or their successors, shall be responsible for one third of the maintenance cost of said easement in accordance with applicable laws, codes, and commercially reasonable standards. J. Th~ uwr..cr(s) of Lot Asha]] pt'.m1it :ea.-:onablc access to Lot A for purposc.:s of paving and maintaining the ~ascment. The ur::dersi1,'11cd parties hereby ex-=cutc this agreement by and of their own accord, each having had the opporti:nity to consult lega: counsel. ~ /) r--- -_5 ___ ~V~l.ci.:, ... ,U::e~--~-.. ________ _ Elvis Doan .P2.g..: I of3 Pagi: 2 of4 D(1c:micnt: EAS .2UC7.09 ! t/00~?:: 37 . &n,01 Date Date r-1-01 Date C/-7-07 .1.......1 __ . Date Print,.:d un 3 -4:'2:J08 ~ I!·-!] :\\I l<IVl,W,\ DH:P.AJ THAKORLAL ~ :--rOTARY PUBLIC 1 ST/>fEOFWASHINGTCN COMVJSSJCN EXP1JU;s AJGUST 19, 2009 Dos.:urn~·nt: !-:AS 200-_09 l ()002; 87 lcd,.-.H. IC,< . ; 20070910002187.003 !NDJVJDlAL FORM OF ACKNOWLEDGEMENT STATE Of WASHl>IGTON ) SS COUNTY OF :U1'G ) I certify that I know or have satisfactory evidence that------------ INDIVIDUAL FOil\! OFACKNOWLEDG1'.MENT STA TE OF WAS!-!NGTON ) SS COC;iTY Of KL'iG ) I certify that I :C1ow or have satisfactory evidence that Af t10t,(',r / $,o_ ~[£ ,{ tJ1r signed this Instrument :md [lck~;w~edgcd it to be hiSJhcr~ and voluntary act for The uses :ind ourposes mentioned in the instrument. 11 No_tary_P_ui~~~o Notary (Prim) _ -d:711',en_ 7~ 'I~ :\-fy appointIT~:it expires.: _ 4' ~ ~ __ ·-=._-_-:_-_-:_-_ Dated: o/· 1'-~---- Page 2 ofJ J Ut<•"'-" • "' H'-,~··''-'• EXJ !IBIT "A" LEGAL DESCRIPTION iHAT PORTION OF !r?ACT JS CF' 1M£ PLAT NO. 2, RENTON CO-OPERA11V£ COAL CC/JP ANY'S ACRE TF?ACT$, ACCCRDING 10 THE Pl.Ar n-i[R£0F R[CORDE:D IN li0t..UM[ 9 CF PLATS, PAGE(S) 27, IN KlNG COUNTY, WASHINGTON V(SCRI8€D AS FOLLOWS; THZ SOUTH 20 f[[i CF irf[ NCRrrl 108 FE£T OF THE: F:AST 56.8.J FEET OF TH£ WEST 120.BJ f1':£T A,>,;O Th'[ [AST 26 Ff[T CF TH£ WEST 96 F[£T LYING SOUTHERLY Cf THE NOR Th' !OB ;:E:£1. HORTH LINE OF TRACT 15 I ;:-------- ,..,-I. t~} . ' . .-,,) L,\~I J ~ r-...1 < ,--,-----· ,06 1 00' ) LOT 3 r LDT2 r ~[.UN[ OF / PROPOS[D -1 ---,----it t.OT 2 f-·----56.BS +-' ---'-----I/ ____ -l~ac· , [, UN[ CF 'ti 126.8J' $. UN[ O,J 1 · . ·-- P.::.rCP0S£.D ;_or 2 L2o· Ptnv,H£ ACCESS tSMT. 1a I~ LDT 1 ~ Ci '---------1---26' PRl'i/Ai"[ ACCl:.SS [SMT. ... ('\ -r-., u .... , \ ~ . , ,. -\·"' ,., SOLJH-! !.../NE OF TRACT 1-5 S. 23RD. ST. 10 O tO 20 ~ Page 3 of3 ( IN PEET ) inch = 20 r:... 20070910002137.004 Ki\li.W.\ Pag<.!' 4 of 4 Printed'"' 3 L:COO~ 7:11:L .\\I !)(1.;umi..:-nt: EAS 2007.09 l 00021 SI -. .... -......... , ·-·~-···-,-· !\.l.~CJ, \V ,\ 20070910002188.001 "•:,'}!EN RECORDED RFfURN TO: :-J.-\..\1E: Robert & Rci~:::c Ott :\.IJOR.ESS: J 8020 Sout'1east 132;\() S:.:::et ClTY, STATE, ZJP R1:n:on, WA 93059 'IU II IIIH! mu I 20070910002188 TICOR NATIONAL &:AS 44 00 PAGE001 OF e0s . 39/11/2007 15:24 KING COUNTY, !Ji=! g;) T!CORTITLE COMPANY . 600 §W 3~"' Street, Suite #100, Renton, Washington 98057 DOCUMENT TITLE(s) TlCORTITLE W005312-1 EASDIEC'iT AGREEMENT IU:rnRENo; NVMBER(s) OF DOCU~!ENTS ASSIGNED OR RELEASJ,:P: 0 Adci:c:0:1.al .:u:ntx:.s on pag:c ----·-··-· of :lo,;,:u:::icnc GRA,'l'fOR(s): 1. To<.!d K:rwin "1 Rene:; L. 01.1 Oa:.Idit:·orrnl :rn:m:s vn p-'.l.g-! __ -,f Jo.,'Cmm.·m cru:vn:E(s): l. Robert P. Ott 2. Rer.ec L. Ott J. DaGJ.iiiona! names ou page___ _ _of do.:-.;rr:.enl LEGAL DESCRJPTION Lot A: Tract 15, Plat #2 o::"Renwn Cn-Opc:-ative Coal Company's Acres Tract, Vol 9/27. Lot B: Ptn Lt 15, Plat #2 ofRer.ton Co-Operative Coal Company'~ Ac:-cs Tract, Vol 9/27 G) ASSESSOR'S PROPERTY TA.'< PARCEL ACCOUNT NUMBER(s):Lt A: 7222000090 & Lt B: 7222000092 CaJditional t.u ilccoi.rnts n~mbns is vn ;:iag::: ___ of docu:nenl Th¢ R~cordcr will rely on the loformatior1 pru;•idcd ou tbe form. The staff will nQt re11d the document to ve.-ify tbc accurncy or comptctcncn of the indexing infonnation p.-ov(ded herein. Dornm.:nt: l·:,\S 2Jo~· .lN; 00()2 i 38 ;J •• L1,-..., •. n:\!'o.,>..,;,-.., KJ\U,\\:\ 20070910002133.002 EASE:VfE:S'T AOREEMEl-.'T 111is Easemcmt :\greement is entered llHo by the undersigned owners of the following. legally dcscribt!d r.~o.l properties, which are re~ractively r::;fcrred to as "Lot A"' and "Lot B" (only for purposes of cla.oity in this Easement Agreement and net for any other rcQon): Lot A Parcel# 7222000090: Tract 15, Plat No. 2 of Renton Co-Operative Coal Company'; Acr.: Tracts, accordUlg to the Plat !hereof recorded in Volume 9 of Plats, page 27, in King County, Washiagton; EXCEPT the We,1 70 feet thereof; AND EXCEPT the Fast 100 foe: thereof Lot B Parcel # 7222000092: The East IOO fuet of lot 15, Plat No. Z of Renton Co- Operative Coal Compa.sy's Acre Tracts, as per Plat recorded in Volume 9 of Plats, page 27, R::=cords. of King County; SinJ3t~d in the city of Renton, County of King, State of \V ashlngton. Easement Legal Description: THE NORTH 10 FEET OF THE EAST 100 FEET OF TRACI' 15 OF THE PLAT NO 2, RflsffON CO-OPERATIVE COAL CO!,!PANY'S ACRE TR.'1.C!"S, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 9 OF Pl.ATS, PAGE(S) 27, l:-i KD',G COUNTY, WASHINGTON (Set: attached map E.xhibit .-\) Gran tors: Lot n is o-..vncd by Todtl Kenvin :1.1d Juanita Garrett Uran tee~: let A is owned by Robert P, Ott and Renee L. Ott together as husband and wife. The parties. hcr:;by ag.rc~ as follows· 1-1) The Gr.111tors ,;·arrants unto th(! Gran.tees,. its successors ,md assigns a storm water utilities ea..;;.cment across Lut B. SJJd e-~en::.:;nt shall be 10 feet wide. The casement shall run along the North boundary line of Lot R with the west line of the easement being that same line that is the East boundary line :)f Let A. b) Tirn Gruntors. shall pem1it reasonable access to Lot B for purposes of construction, instalhniou, and maintenance of the e~i:mcnt and the utility lines therein. 11tc Granter shaU r::::tain th:: right to use the surfacD" cf the easement as long as such use does not interfere with the easerr.ent rights granted to thi;;: Grantee. Grantor shall not have the right to: Erect or rnaint.ai:i any buildings or structures within th~ easement, or plant tr!!CS, m.~bs or vegetation having deep root patterns which may cause damage to or interfere with the utilities to be piaccd .,.,.ithin the easemt..'1lt; Or, to C.evelov, landscape, or beautify the easement area in a.1y .,,1,.ay wilic'.'1 would unreasonably incrc:.1st:: costs to the Grantee of restoring the casemt."Ilt area and any private improv1.,-ments there~n; Or, to dig. tunnel or pertbnn otl1..:r forms of construc(ior. activi.ties on th!.! property which would disturb the compaction or un~ grantee's facilities on th;; righr-of-way, or cnd.:,.ngcr tbe lateral support facilities. c.) ln consideration the Gr:mtce :,.hall glv·e to the Grantor the Pre-application documents from tht:; City of Renton, a survey of \Villiams Avenue S0ud1 showing cclculatcd righ1~of..way and il)Cat~d edge of i:nprO'. emen:s for feasibility, and a drawing of a possible laycmt for three 1ot5 upon l!Xe'..;ution cfthi~ E<=S::ment Agrecmt.'fl.t. Pa-;e l of 4 P;ige 2 of 5 l jucur.;t:'i:L E.-\ . .:; .2007. 091 0002 l 88 K!'iC,\\'.-\ 20070910002188.003 d) 111.is tasemcnt sbali run wit!1 the land dt:scribed herein. and shall be binding upon the parties, t.heir hejrs, SllCC(..'SSOfS in interest and assigns. Gramors covenant that they arc the iawful O\.Vllcrs of the above property and that tlu .. 'Y have a good and lawful right to execute this :igreement. Th.is agreem.!nt supcrscd,.;:s any other easemrnt agreement between Robert P. and Renee L. Ott (Grantees) and Todd Kerwin and Juanita Garren (Granters) The i;:ndcrsigned parties hereby execute this agreement by and of their own accord, each having had tJl:: opportunity to consult legaI counsel. Page 2 of4 P~ig~ 3 of 5 ?rint(;d on J/:l/2008 7· l l .-t5 A\! Duct:ment: L\S 2C07 0910002188 20070910002188.004 l iNDJVIDCAL ;:O:Vvl OFACKNOWLEDGEA4J::NT STATE OF WASHINGTON ) SS COUNTY OF K!"G ) I certify that l know .or have satisfactory evidence that J;,-ili_Ktr_vJ,~--· __Q:.-._j~~Mh~ /C.if&U i;_, signed tf.iis Instrument and a:::knowlcdged it to be his/her/their free and voluntary act for The uses a.1<l purposes mentioned in the instrument. })._t:cr?J~. ,e;t.i ~ '.\orary P'..1blic in ,md for stateoiwashingtou 1':otruy (P:-rnt) l)J:o,g,41-t-/:;;'-6 ~ >7 ---·-- My appointrnCT1~ expires: 1--l( -1-0 IO Dated: ______ 6 ·_2./-o 1 r----------------------------------------~ ' !NDJ1.t"JiJLAL F(;P .. 'vf OFACKNOWLJ::DG£\,f£h'J' STATE OF WASB1'\GTON ) SS couw:·y OF KJNG ) 1 certify i!'la.t l know or have: satisfactory evidence !hat DHIRAJ THAKORLAti;, NOTARY PUBLIC l£f. f t// signed this ..:rlt W1d acknowkdged it to be hislhe@'free and voluntary ai:t for uses ::ud purpos-:s mer.tior:ed in the fr1strument. I $TATE OF WASHINGTON COMM!SSJOH EXPIRES AUGUST 19, 2009 rJ1 I\ ;~ t .. ~--;;::::::;;;:::......_,==---:-:--~--·--- Notary Pub ;c iti..--a Notary (Print) ---="'--'"-"'""-1f--m'7 My apnointmt..:cnt expires: _____ ". ~ _ Dated:' .:,?, f,_7_4'~jl'---·; ________ _ gton 'ft.Iv. ___ _ L .. ------------- Kl:'i(i, \\' .. \ i>~,ciE11,::H: E:\S ~or 09;,,)0021ss _ __ J ' i I 1..>l.1,n,,; ... ,--.,..._,,.,.,-., ·'"'-''-' EXIIIBJT "A" LEGAL DESCRIPTION Tri£ NORTH iO fEE:T OF TH[ fAST 100 F'F:£T OF TRACT ;5 OF T'rl£ PLAT NO. 2. RENTON CC'-CPE:RATrVF.: COAL COMPANY'S ACRE ;,~AC TS, ACCORDING re THE PLA 7 THER[OF RECORD[O ;N VOLUME 9 OF Pt.ATS, P,~GE:(S} 27, TN KING COUNT'!', 'NA$HJNCroN; 20070910002188.005 --------+---~ J K!\C,\V.-\ ! ?i?CPOSED io' __J ?.RIVA T[ CRAJNAGE [SMT 7222000092 f-------------!i.}0.0C' GRAPHIC SCALE 70 0 10 20 ~---;,rnrn,.I ( IN r'~ET inch ~ 20 !t Pag:! 4 of4 P::g~ 5 of 5 !)ocLtn'l..'nL L\.) :2007.091000~ l S3 Pr!nts:don ) ... l,'.::008 ;-1;:;, ,\.\\ . "' .... ,v.,s. '.<:~Ci.\\':\ r-·- RfS:;'RE;,..c:;: # GRANTCR: 20080129000266.C01 EASE:\IE:"iT (customer form) c,-c< ~0-; = C.1\ANTE.c=.. PuGffsOUND ENERGY, INC. sHrnH Lrn,-...r: ('rrJ ! -r~it..< !~ P .... ....-: i...:«. z, 2,.,.,~-,1.,,..l ASSESSGR'S PRCPf.:;ny \AX. ?.!..RCB.:;}i-i.t-OC-ooio Cv-o(na full legal on paga .3 Q»I.-Co_ -4-<.~-f.t...i..c""!·:.. OP or lJ MAP NO: _k~_Q:$'(1(( JOB NO: ]OS°~~-. FILE#'. ~VJ-019'=f"l-:,.S i fer c1r,l! 1ri ~u11~11r-<>ti::m <JI OM .::cllar ($1.CO) aM \l!l:cr ·,c1J~,1t;.1:;1 cor:mlcratlon in i'llll",d paid,~--- ' .. , '7.. (\'J. I Ji, • J / i M~!lL.UlL HVL°'l--+-)~ ~ /.,~ •,"'('.' _____ ("Grantc1· 1wre.11:, it:,; suc~<::$Crs and a~£"h::: riurct>y convoy!:! ,md ·MJrr.:m1~ :u PUGET SOUND ENERGY, INC., a Wa.sllingtr.,r. Cor;.crn1 = ,:"Grnntcll" /\t.truin), ;rs =cu!luor::: an:.i as~i:Jrs icr the ;,1.,:pose:, hcrcin.ifter set k>rth, a rtonexclL.iS1vu pcr:,c1w1 ~<,se_~'>ent over. ~}dor, aK;,Jg, aaoss ar,,J 11rliu~11 '.tn::1 fotk!wir.g OOSCiibed re.ii p,opsrty ('Propony· :;ero1r.) ,n _ . Kl!J..G_. __ County, 'Nashmgtvn: SEE EXHIBIT"A' ATTACHED Hi::RETO A:-..D 3Y Trit5 R[FERENCE MADEAPAHT HEREOF. ; EASE~E~T LOCATICN: Excopt m;. :rroy bo uthor,,.i;;u '><it !~1:h hu;i.;:1:. Granto-e's rights stiall !,le cxe:rcisuc: ..ipon I :hot ;x;r.lor. ::il tho Prcpertf ('.!'o '!::i.1-'iCme-nt Arna· hl.ir.::n) th;il is tun (1JJ feel in width having /ivQ (5) '.f!et ot ::i.uUl j wll.lth 011 l!ach !Ilda of th~ :cn:ur1ino of Granwe·~ S)'S':ems 1ocatt-U ~ cor.slructed or:o ho cunsuuct.2'd, 8Atl>fldeo or' 1 rciccot<><.: 011 ~t: :'.lroporty. e:,:ce-pt 1lo:1e p,.;rtior,~ 'Ji lho Prope1:y JCC1Jpiod t;y existing building footings, :o,;."lo.!aik:.n:., and/or :.ubli-Uflacn !:l!n;t:turns. : 1, P•Jrpos.e. Granl<!e st".all M\le !tic ngi",I to u:w :110 fa,o,i;mor,I r,1ea to construct, oi;ern:i:. ma1r-tall'l, repir. ! repl.lco. ·mpr0\/1', romo_.·,~. :ir.d ;.,nlilrge Ol'l!J or more ,.;i!,:y 5y<;.t{)(1"a; fu ;11.:fl)OSOS d tr,msmisslcn, Cisll'ibution ;;ind ~:ie ot ~as ~c: a~ricily Tcgi!thor with the right d ;JC;-:es:. uvur ,me! ~cros::. said Propru:y :0 ar.l!b!e Granl~e to · Q/Ulr;-:,~~ ·ts rx;t.ts ~cn.,><.;ndur. A5 u:;eo heroin, tho ;Crrn "s-/Slijmi;• ;.,,,,J .nc!w.fa all appurtenances and facilllios as ; ~n: .:iec~ssarJ. ·ri :IIB ;ucyrnl:}f]l of Gr;:mtoa, for the ~t!1<!!io:1 ilfi(! -11.i,r.lenanca of saiO systems. , 2. Grantor's U•e Qf !;:::;u:lllll(l"nt Area. Gr.mklr agre-.,,; net to crnr.t Jr>y stn.rc:uros en saia i::asemont ,\nm. ,ir.d fl:nN!r c!<Jrel)::; :ic1 C.'l ;,mca troes, rccxeoos, for.ce"i er cu~ur sJt:;ll·~ctcrs on lho Prnpqrty lhill v.ouia inter/are w1111 1 . '. :he ;,!.<CIT~l d(;r;inlO"•is r!,ntS 1",ero,1r.. ' .... I 1 ! [l,'I.L;=:!;;t,,s __ 'Jo. ____ dayr,f /(4#~~(.,<. _____ ,2G\l7. j '""ft: ,acN.U;!Ol>:S -',Iii. ~£QIJLil:EO c; Al.~ ;G-0Wt41!!; Of' ~IIOl'~l!T" f1:i~e l of 3 .\ic·.rn11.:·1,r-FAS :?•Ju;:,;_[) I 29UOC206 \../l'-l\.:!. U"tVOO/.) JJLll;;Vlli\.XJ. O....,UII! 20080129000266.002 U\"(J. \V;\ i S:""ATE :)F WASHINGTON i I ss ) ~ ,, ' :=:!1 :h~ _!i__ day of /1/Prl'th/~IA' 2G07, bc'crc fl)?, ~ Notary,j'utllic in 21)d !Of" the State of I Was~;tcn, Ci.;}:tJzmi$Sioned and swom. perso1~<'ii1· dp~ea:ed /(p_4..U-r'/?7" ~ . '7,__~£ . 'ff . , lo ~,e kr.own to ~ ttie ,riaivld(~l(9:! who executed I '.ho "Nit.,111 ar.d fmego10g !nstn.mor:t, atid ackt10W10Cc;c::: Uli.l\ 1e;t __ signed :.'le sal"":"le as #)p..-r __ frC<l aoo i ·,cl.mt.:iry ac[ arid dadd '.or :.tio usos and ptJ:,::osoC 1n~nJ1n m,!nt1~1,xJ. • G.VEN wr: ." , ~ ,..-l·," r, ,..; OHIRAJ lMl<ORlAL NOTAA't?UBUC ST ATE OF '-NASHNC;TON cc.MSSm E);l!RfS AUGUST 19, 2DC9- '!\is hereto ornxec th-0 ::.:JJ, d ·1cJr :n ;tus cor'Jfic.:ilc :"!I'S! abo.,.e writ!Cfl. CONPOi~ TE I LL C, i_? ACt<..'JCVlt c::;CMt'NT ; CCLiN'YQF I i5S I I I 'Jr: '.his cay of _ 2'.)QF. M'.crr me. Ille urlCers_!gcer.!, a Ncrary P~bfic n r , ,:u:d k; lt11:, Stl!o of Washington, -iu,, Cv~ m,~s,ooad and~ i)~rso,1a.tty a~;,Jn."Q I ~----_ :omeknov.n:o/ i ~~ nlll ,JU/"'.C:rt\',\ •,t-,o su;ricd JS-.• -··---·--------. ·:-:--.-----,... _.-lho·corpora!ior! i~\·e-;:c~ll U"t(l •,1.,fo1(~ i : anu b()::;cirnJ .n:;.ir;.;1I'or,1. and .Jci<.;1cv.1cci;;cd l<li:J ,r·:,,:1·Jn1ey~ -.. ~r.or froo and .,-oicnt.iry JC..1 and dettd ;ind I : :he '.ru,:, . .111tl vck,nl.lry :ict c1r.O Cced or sa,o :;or,;oral:~·r. fr:, .fa! -.. S,{)5 ;i1~c: ;)u:~s-0s !h-Oroin .-nonlio,'\/Jd: :-ind ori Q.olh I , ~w:ec :hal NaS-.iut:a::riL~i.l tc.: .:?xoci..a, :h~ sairl n..:.--:,<!r:l ,;ri ::m,~1f ol sa;c xr;)Ora!icn. I ,N N! i~JE'S::; "NH(Rt:OF ! 1-l-N8 herot.nt t rry ,~11 d ,H'd Alii;;~t ~1:!.ll the cay ,me! yoar !trst ,100,..0 writ'".e:i. I I iPrint ct ,;1-rri;, /'lame Llf \:oL.try) 1 NO.TARY PUBUC ·r! and ~or the Sl<llC of'Na'3hlngton, l :.:is:C,ng ~t ------------------; 1,l'f aj'.,pou1t;c,<!~( ~x~ircs ___ _ PE?RESE,',TATIVE C,1PACi!Y A'::KNCv',t[OGM[NT STAT:; CF WASHINGTON ;. : ss C:V.:l"-.·'."'·t.::-F , i'ri11t 'Jr :.t-"1,;1• -:la.71f!-;1 NQ~,;;;·- NOT ARY ?L;BUC t1 ar.C fee !J;l) Staro "; 'Nrcsh:n!)(U1;. itcSIC;f.l., J( _ ---_ ,\.-1; J~:;olf1lrr.ent .i-:i;:iiros _____ _ ---------1 ' Pag:: 1 of 3 l luct;m~nt: !· :\S .2.( 08.0 l 290UC266 Prir;t<.:U on )·,i::2008 7·! ·-F.1 .\.\-1 .c '('.~(i.\\/.\ 20080129000266.003 EX!i1I3l"J" '·_.i._" fR . ..:...CT IS, PLAT NO. 2 OF RENTON :..:O-OPEJL\rJVE COAL CO~IPA>,!Y'S ACRE ·rnACTS, ACCORDl:S.G TO THE PLAT TlllRl'OF iUiCORDED IN VOLUME 9 0!' ?L,\. rs. P.·\GE 21, r-:--r K!NO COC1'wTY, "X,\Sl!!\GTO'.'-l"; E,""XCEP·r "fHE 1.VEST 70 FEET Tl !ER.Eur; :\ND EXCEl'T THE EAST l 80 FEET Tli:<ffOF. 1>:1~:.:-3 of 3 Un...:urnr.::il: EAS 2 ;G8.0 l 29U00266 PARK VIEW PRELIMINARY DRAINAGE REPORT PREPARED FOR: MASTERBUILDER CONSTRUCTION Tl-IE BLUE LINE C3RCJLIP DATE: SEPTEMBER 6, 2006 or, 25 CENT~L WAY. SUITE 400 • Kl~KLAND. WA 9B033 T: 425.21 6.4051 • F: 425.21 6.4052 www.THEBLUEL1NE6RDUP.CCM Prepared by PARK VIEW City of Renton, Washington Preliminary Drainage Report Prepared for Masterbuilder Construction 10711 SE 30th Street Bellevue, WA 98004 September 6, 2006 Blueline Job No. 05-103 Nicole F. Hernandez, PE Reviewed by Brian J. Darrow, PE [BLUE LINE Park View Preliminary Drainage Report Table of Contents SECTION 1 PROJECT OVERVIEW ................................................................................................ 1-1 SECTION 2 PRELIMINARY CONDITIONS SUMMARY .............................................................. 2-1 CONDITIONS OF APPROVAL ...................... . ······················································································· 2-1 CORE REQUIREMENTS ......................... . . ............................................................................... 2-1 SPECIAL REQUIREMENTS ....................... . . ............................................................ 2-1 SECTION 3 OFFSITE ANALYSIS ................................................................................................... 3-1 SECTION 4 RETENTION/DETENTION ANALYSIS AND DESIGN ........................................... 4-1 EXISTING SITE ...................................................................................................................................... 4-1 DEVELOPED SITE................................ . ........................................................................................... 4-2 SECTION 5 CONVEYANCE SYSTEM ANALYSIS AND DESIGN ............................................. 5-1 SECTION 6 SPECIAL REPORTS AND STUDIES ........................................................................ 6-1 SECTION 7 BASIN AND COMMUNITY PLANNING AREAS ..................................................... 7-1 SECTION 8 OTHER PERMITS ........................................................................................................ 8-1 SECTION 9 EROSION/SEDIMENTATION CONTROL DESIGN ................................................ 9-1 SECTION 10 BOND QUANTITIES AND FACILITIES SUMMARY ......................................... 10-1 SECTION 11 OPERATIONS AND MAINTENANCE ................................................................. 11-1 Appendix • Level 1 Downstream Analysis o Existing Conditions Exhibit o Developed Conditions Exhibit • Geotechnical Engineering Study by Gary A. Flowers, PLLC dated May 25, 2006 ls LUE ·LINE Page 1 of 2 King County Building and Land Development Division TECHNICAL INFORMATION REPORT (TIR) WORKSHEET Project Owner Jel?R'/ "1:>LIJJ<O Address 1<81/ :SE <;ct"Sr E£,llf:Vuf, fJA Phone 4ZS. B3o. S4!2--B Project Engineer Nil-OLE l-\8tN1t"'°"'""'e.-, pc; Company --n-1.s &Ua-Jt-.16" §pl.ovP Address Phone :':I zc:,. '2..1(,, · 4 oi;; I i ~--------·_I PART 2 PROJECT LOCATION AND DESCRIPTION ' Project Name 11'1 '2 IL V {/:;VII Location Township ~2=3~,J~-- Range '5E Section -~/q~--- ProjectSize 0, <.J& AC __ _ Upstream Drainage Basin Size ~Af,..,/.~l'J~_ AC PART 3 TYPE OF PERMIT APPLICATION PART 4 OTHER PERMITS D Subdivision DOF/GHPA D Shoreline Management ~ Short Subdivision D COE404 D Rockery D Grading D DOE Dam Safety D Structural Vaults D Commercial D FEMA Floodplain D Other D Other I C .. COE Wetlands D HPA PART 5 SITE COMMUNITY AND DRAINAGE BASIN . · Community PART 6 SITE CHARACTERISTICS • . D River [J Floodplain D Stream C Wetlands D Critical Stream Reach D Seeps/Springs D Depressions/Swales D High Groundwater Table D Lake c:::::::i Groundwater Recharge D Steep Slopes D Other D Lakeside/Erosion Hazard PART 7 SOILS · ' Erosio<1 Potential Erosive Velocities 3U~t-t, __ _ D Additional Sheets Attatched 1/90 Page 2 of 2 King County Building and Land Development Division TECHNICAL INFORMATION REPORT (TIR) WORKSHEET PART 8 DEVELOPMENT LIMITATIONS REFERENCE LIMITATION/SITE CONSTRAINT IXl Ch. 4 -Downstream Analysis D D D D D D Additional Sheets Attatched PART 9 ESC REQUIREMENTS . MINIMUM ESC REQUIREMENTS DURING CONSTRUCTION D Sedimentation Facilities D Stabilized Construction Entrance ~ Perimeter Runoff Control D Clearing and Grading Restrictions 15a, Cover Practices D Construction Sequence D Other PART 10 SURFACE WATER SYSTEM MINIMUM ESC REQUIREMENTS FOLLOWING CONSTRUCTION !2l--Stabilize Exposed Surface B Remove and Restore Temporary ESC Facilities 0 Clean and Remove All Silt and Debris n Ensure Operation of Permanent Facilities 0 Flag LimitsofNGPES D Other D Grass Lined Channel D Tank D Infiltration Method of Analysis ~ Pipe System D Vault D Depression D Open Channel D Energy Dissapator D Flow Dispersal Compensation/M~igation D Dry Pond D Weffand D Waiver of Eliminated Site Storage D Wet Pond D Stream D Regional Detention BriefDescription of System Operation ::1\-\B C,oN--)£-'IA rJ C.£ S'/<i>TE M N\ t.-L-I NL\,\,\J)E CATCJ.J MS/NS. AND -Pl f'8'::> •>IA, ""' u..-1>1SGll:A:t:<J,E: , NW AN OFfS1Ttc SWAkE-Rooi:c :bRA:rt,-J.s. WI u..- Facility Related Site Limitations 13,E U>IJl\/t:c_,t::Il -m TH i.S. 5,,JSie./\A._ ' D Additional Sheets Attatched Reference Facility LJmitation PART 11 STRUCTURAL ANALYSIS -· (May require special structural review) ' · · · · D Cast in Place Vault D Other D Retaining Wall D Rockery> 4' High D Structural on Steep Slope PART 14 SIGNATURE OF PROFESSIONAL ENGINEER I or a civil engineer under my supervision have vistt:ed the site. Actual site conditions as observed were incorporated into this worksheet and the attatchments. To the best of my knowledge the information provided here is accurate. PART 12 EASEMENTS/TRACTS [2"l. Drainage Easement D Access Easement D Native Growth Protection Easement D Tract D Other 1/90 SECTION 1 Park View Preliminary Drainage Report Project Overview The site is located at 710 S 23rd Street in Renton, Washington. More generally, the site is located in the southeast quarter of Section 19, Township 23 North, Range 5 East. Please see the site location map below. VICINITY MAP A site visit was conducted on Thursday, August 24, 2006, on a sunny day. The study area consists of one parcel (#7222000090) totaling 0.46 acres. In the existing condition, there is a house, yard, gravel driveway and detached garage or barn. The ground cover consists of lawn. All existing structures are to be removed. The applicant is proposing to subdivide the existing parcel into three lots. Roof and footing drains on each new lot will be tightlined to the proposed storm drainage conveyance system. Please reference the Developed Conditions Exhibit included in the Appendix. The downstream storm drainage collection and conveyance system was analyzed from the site to just past the Y. mile downstream point. Job #05-103 !BLUE LINE 1-1 Park View Preliminary Drainage Report SECTION 2 Preliminary Conditions Summary CONDITIONS OF APPROVAL The conditions of approval will be added once they have been issued. Per the City of Renton, this preliminary report is required to address all core and applicable special requirements as outlined in the King County Surface Water Manual 1990 Edition. CORE REQUIREMENTS Core Requirement #1: Discharge at the Natural Location The site currently drains to the north via overland flow and enters a swale that flows to the east and then north at Benson Drive. The drainage system for this project will discharge into the swale that runs north along Benson Drive. Core Requirement #2: Off-site Analysis See Section 3. A Level 1 Downstream Analysis was prepared by The Blueline Group and is included in the Appendix of this report. Core Requirement #3: Runoff Control See Section 4. This project is exempt from providing runoff control because it will result in a negligible peak runoff rate increase. Core Requirement #4: Conveyance System No analysis of the conveyance system is provided in this preliminary report. Core Requirement #5: Temporary Erosion and Sediment Control TESC plans will be prepared and submitted with the engineering plan submittal and are not included in this preliminary report. Core Requirement #6: Maintenance and Operation Not included in the preliminary report. Core Requirement #7: Bonds and Liability Not included in the preliminary report. SPECIAL REQUIREMENTS There are no applicable special requirements for this project. Job #05-103 IBLUE LINE 2-1 SECTION 3 Park View Preliminary Drainage Report Offsite Analysis A Level 1 Downstream Analysis was prepared by The Blueline Group and is included in the Appendix of this report. Job #05-103 IBLUE LINE 3-1 SECTION 4 Park View Preliminary Drainage Report Retention/Detention Analysis and Design Per the City of Renton pre-application notes, detention calculations using the criteria outlined in the 1990 KCSWDM are required to be included in this report. If these calculations show that detention is required, then the project will be required to comply with the 2005 KCSWDM for detention sizing According to the 1990 KCSWDM Core Requirement #3, most projects must provide runoff control through a combination of peak rate runoff control and on-site biofiltration. However, there are of exemptions to this requirement. This project, as shown in the following calculations, is exempt from peak rate runoff control because the post- development peak runoff rate increase for the 100-year, 24-hour storm event is less than 0.5 cfs more than the peak rate runoff for the existing site conditions. In addition, the developed site will not result in more than 5,000 square feet of new pollution generating impervious surface (subject to vehicular use or storage of chemicals). EXISTING SITE A detailed description of the existing site conditions is provided in the Level 1 Downstream Analysis included in the Appendix. The following table shows a breakdown of the areas. Please see the Existing Conditions Exhibit in the Appendix for a map. Buildings Gravel Drive Grass/landscaping Total Basin Area 2,693 square feet (0.06 acres) 3,049 square feet (0.07 acres) 14,234 square feet (0.33 acres) 19,976 square feet (0.46 acres) The existing site conditions were modeled using the Stormshed modeling software that uses the SBUH methodology. The modeling results are shown in the tables below. Existing Conditions lnesign Method SBUH !Rainfall type TYPEIA IHyd Intv 10.00 min r I I jPervious Area I 0.46 ac IPervious CN I 90.89 IPervious TC I 15.44 mm Job #05-103 !Peaking Factor !Abstraction Coeff iDCIA :occN locrc I BLUE LINE ' 484.00 0.20 0.00 ac 0.00 0.00 mm 4-1 I Park View Preliminary Drainage Report Pervious CN Cale Description Open spaces, lawns, parks (50-75% grass) I SubArea ~3ac I I :I ji ----~------I Gravel Roads & Parking Lots ' 0.07 ac I 0.06 ac ---------1 mp e rv i o us surfaces (pavements, roofs, etc) --------------- Pervious Composited CN (AMC 2) I ~"~srec• I Type -I Description ----/ Length I Slope I Coeff ! Misc /sheet /smooth Surfaces.: 0.0 l l ---165.00 ft /3.30% /o.OllO 12.00 in /3.30% ~ /short prairie grass and lawns.: 0.1_5 ___ [1-5-7-.0-0_ft ___ _ /0.1500 /2.00 in I Suben I 90.00 I 89.00 I 98.00 I 90.89 ' I TT lo 89 min / 14.55 min ' Pen1ous TC ' I 15.44 mm , , Existing Conditions Event Summary F PeakQ(cfs) PeakT(brs)riia~~ol -i ~:;; IM~ho ~ / 2year I 0.1100 8.00 I 5 year J 0.1475 8.00 I 10 year I 0.1956 8.00 / 2s year I 0.2445 8.00 J100 year I 0.2936 8.00 DEVELOPED SITE 1 o 0456 1 0.0593 100770 I 0.095] I 0.1133 _o_.4_60-0-~I s_B_UH_/TYPEJA 0.4600 I SBUH JTYPElA / 0.4600 i SBUH /TYPElA II 0.4600 I SBUH /TYPEJA 0.4600 I SBUH /TYPElA I A detailed description of the developed site conditions is provided in the Level 1 Downstream Analysis included in the Appendix. The following table shows a breakdown of the areas. Please see the Developed Conditions Exhibit in the Appendix for a map. Buildings Asphalt Driveways Grass/landscaping Total Basin Area 7,500 square feet (0.17 acres) 2,484 square feet (0.06 acres) 9,992 square feet (0.23 acres) 19,976 square feet (0.46 acres) The developed site conditions were modeled using the Stormshed modeling software that uses the SBUH methodology. The modeling results are shown in the tables below. Job #05-103 ls LUE LINE 4-2 ', Developed Conditions !Design Method I IHyd Intv I I IPervious Area I IPervious CN ' i IPervious TC I Park View Preliminary Drainage Report SBUH !Rainfall type 10.00 min I Peaking Factor iAbstraction Coeff 0.00 ac IDCIA -r---··- 0.00 IDCCN 0.00 min --iocTC ------ Directly Connected CN Cale Description -i Impervious surfaces (pavements, roofs, etc) I Open spaces, lawns, parks (50-75% grass) ~------ I DC Composited CN (AMC 2) jl '1 Directly Connected TC Cale I TYPEIA I 484.00 I 0.20 I 0.46 ac I 94.00 I 11.08 min - i SubArea I Suben i I I 0.23 ac 98.00 ! I --·- I I 0.23 ac 90.00 I 94.00 ! I Type I Description I Length I Slope I Coeff I Misc I TT !channel (interm) lcMP pipe (n-0.024) ----------- 1155.oo ft 11.00% lo.0240 I 11.22 min !sheet is;;;ooth Surfaces.: 0.011 165.00 ft 12.00% I0.0110 j2.00 in jJ.09 min jSheet I short prairie grass and lawns.: 0.15 j65.00 ft j2.00% j0.1500 /2.00 in i8.78 min ! Directly Connected TC I 11.08min Developed Conditions Event Summary I Event I ----~~' Hvd Vol . Area Raintype Peak Q (cfs) Peak T (hrs) (acft) ; (ac) ! 2 year I 0.1476 8.00 I 0.0535 I 0.4600 I SBUH ITYPEIA j 5 year I 0.1896 8.00 I 0.0680 I 0.4600 I SBUH jTYPElA j1oyearl 0.2424 8.00 ro:0864 0.4600 I SBUH ITYPElA I 25 year I 0.2952 8.00 I 0.1050 0.4600 I SBUH ITYPElA )100 year I 0.3478 8.00 0.1237 0.4600 I SBUH ITYPElA As shown in the modeling results, the peak rate runoff for the 100-year, 24-hour storm event changes from 0.2936 cfs under the existing site conditions to 0.34 78 cfs in the developed conditions, for an increase of 0.0542 cfs, which is less than the 0.5 cfs threshold that triggers flow control. Job #05-103 IBLUE LINE 4-3 I 'I I SECTION 5 Park View Preliminary Drainage Report Conveyance System Analysis and Design The conveyance system will be designed during the engineering phase of this project. Job #05-103 ls LUE LINE 5-1 SECTION 6 Park View Preliminary Drainage Report Special Reports and Studies The following reports are included in the Appendix: • Geotechnical Engineering Study by Gary A. Flowers, PLLC dated May 25, 2006 Job #05-103 ls LUE LINE 6-1 SECTION 7 Park View Preliminary Drainage Report Basin and Community Planning Areas This site is located in the Black River basin and the Rolling Hills Creek subbasin. Job #05-103 ls LUE LINE 7-1 SECTION 8 Park View Preliminary Drainage Report Other Permits At this time, there are no additional permits associated with this project. Job#05-103 !BLUE LINE 8-1 SECTION 9 Park View Preliminary Drainage Report Erosion/Sedimentation Control Design The temporary erosion and sedimentation control plan will be designed to reduce the discharge of sediment-laden runoff from the site. These plans will be provided during the engineering phase of this project. Job #05-103 ISLUE LINE 9-1 Park View Preliminary Drainage Report -------------~~ SECTION 10 Bond Quantities and Facilities Summary This will be provided with the submittal of the engineering plans. Job #05-103 !BLUE LINE 10-1 Park View Preliminary Drainage Report ------------- SECTION 11 Operations and Maintenance This will be provided with the submittal of the engineering plans. Job#05-103 IBLUE LINE 11-1 Park View Preliminary Drainage Report Appendix ' SLUE LINE A PARK VIEW SHORT PLAT CITY CF" RENTCN, WASHINGTON LEVEL 1 DOWNSTREAM ANALYSIS Prepared By: Prepared For: Masterbuilder Construction 10711 SE 30th Street Bellevue, WA 98004 August 20, 2006 Blueline Job No. 05-103 Veronica R. Sisseck Reviewed By: Brian J. Darrow, PE ISLUE LINE I Park View Short Plat Level 1 Downstream Analysis Table of Contents Task 1: Study Area Definition and Maps .......................................................... 1 Task 2: Resource Review .................................................................................. 2 Task 3: Field Inspection ..................................................................................... 3 Downstream Drainage Path ............................................................................................ 3 Upstream Basin (Please see the Existing Conditions Exhibit) ....................................... 4 Task 4: Drainage System Description .............................................................. 5 Task 5: Mitigation of Existing or Potential Problems ...................................... 6 Appendix • Photos from Downstream Analysis • Existing Conditions Exhibit • Developed Conditions Exhibit • Downstream Exhibit • City of Renton Storm System • City of Renton Surface Water Problem Sites • Letter from Gary Fink of The City of Renton • 1973 King County SCS Soils Map and Legend • King County Sensitive Areas Folio Exhibits Wetlands Streams and 100°Year Floodplains Erosion Hazard Areas Landslide Hazard Areas Seismic Hazard Areas Coal Mine Hazard Areas • King County Parcel Report (Parcel # 7222000090) IBLUE LINE Park View Short Plat Level 1 Downstream Analysis Task 1: Study Area Definition and Maps The site is located at 710 S 23rd Street in Renton, Washington. More generally, the site is located in the southeast quarter of Section 19, Township 23 North, Range 5 East. Please see the vicinity map below. VICINITY MAP A site visit was conducted on Thursday, August 24, 2006, on a sunny day. The study area consists of one parcel (#7222000090) totaling 0.46 acres. In the existing condition there is a house, yard, gravel driveway and detached garage or barn. The ground cover consists of lawn. All existing structures are to be removed. The applicant is proposing to subdivide the parcel into three lots. Roof and footing drains on each new lot will be tightlined to the proposed storm drainage conveyance system. Please reference the Developed Conditions Exhibit included in the appendix. The downstream storm drainage collection and conveyance system was analyzed from the site to just past the Y. mile downstream point. The site is located within the Rolling Hills Creek Subbasin of the Black River Basin. 05-103 ls LUE LINE Page 1 Park View Short Plat Level 1 Downstream Analysis Task 2: Resource Review The best available resource information was reviewed for existing or potential problems. The following is a summary of the findings (see the Appendix for exhibits). • From the King County Soils Map, the site soil type is BeC, Beausite Gravelly Sandy Loam, 6 to 15% slopes. (see geotechnical report for additional information) • The site is not located in an Erosion Hazard Area • The site is not located in a Seismic Hazard Area • The site does not contain any streams • The site does not contain any identified wetlands • The site is not located in a Landslide Hazard Area • According to the King County Sensitive Area Folio, the site is not located in a Coal Mine Hazard Area. City staff indicated the site might be in a coal mine hazard area. See the geotechnical report located in the appendix of the Technical Information Report for more information. 05-103 ls LUE LINE Page 2 Park View Short Plat Level 1 Downstream Analysis Task 3: Field Inspection The site upstream and downstream field investigations were conducted on Thursday, August 24, 2006 on a sunny day with a temperature of approximately 70 degrees. Below are the descriptions of both the upstream and downstream drainage basins of the subject property. Downstream Drainage Path Existing Condition The site generally slopes at approximately 4% toward the north side of the property. Runoff from the property sheet flows over the adjacent property, which contains a livestock pin with a few sheep. Runoff collects in a swale between parcels 7222000075 and 7222000085. This swale drains to another swale along Benson Drive S. The swale widens to a larger area (see picture a) prior to discharging into a 4-inch pipe. This pipe is approximately 2 feet off the bottom of the swale, and conveys flow north under S 21" Street. The swale appears to have adequate capacity and not overtop. From here the flow continues through a swale along Benson Drive S. A catch basin (picture b) collects this flow to convey it east through a 12-inch concrete pipe under Benson Drive S. This pipe outflows outside the security fence to Puget Sound Energy's property (picture c). Water flows east through the lawn (picture d) through a visible swale which dissipates in the lawn. The property was visited with the guidance of Greg Lillehaug of Puget Sound Energy. He explained that the water soaks into the grass making the ground soft after storms. The flow makes its way down to a low point where it is collected by a 6-inch concrete pipe. This flow is then transferred to a 8-inch culvert about 6 feet in length (picture e). Flow continues through a half culvert acting as a ditch (picture f). This takes the flow past the Y. mile downstream point. Flow continues through another culvert, ditch, and culvert before outflowing to Rolling Hills Creek. 05-103 ' BLUE LINE Page 3 Park View Short Plat Level 1 Downstream Analysis Greg Lillehaug explained that there was debris in the pipes and ditches, but he had never seen this inhibit flow. He had not noted any problems with erosion, sedimentation, overtopping or flooding. Developed Condition In the developed condition, flow from roof and footing drains will be tightlined to the existing conveyance system along Benson Drive S. Upstream Basin (Please see the Existing Conditions Exhibit) There appears to be no upstream basin for the site. 05-103 ls LUE ,LINE Page4 Park View Short Plat Level 1 Downstream Analysis Task 4: Drainage System Description This project falls under the exception from on-site peak rate runoff control based on the negligible peak runoff rate increase. The King County Manual, 1990 designates this exemption for sites where the developed peak runoff rate for the 100 year, 24 hour stonm event is less than 0.5 cfs more than the existing condition runoff rate. 05-103 IBLUE LINE Page 5 Park View Short Plat Level 1 Downstream Analysis Task 5: Mitigation of Existing or Potential Problems Development of the subject parcel will follow the requirements of the City of Renton for pavement and utility construction. The Temporary Erosion and Sedimentation Control (TESC) plan will be designed in accordance with the City of Renton standards. All TESC facilities will be periodically inspected and maintained as necessary during construction to minimize impacts to the downstream system. No drainage complaints were found downstream of the property at the intersection of S 21" Street and Benson Drive S according to Gary Fink of The City of Renton. The site appears to be problem free according to the City of Renton Surface Water Problem Sites Exhibit, which can be found in the appendix. Greg Lillehaug of Puget Sound Energy had observed no problems. No problems are known to exist within Y. mile downstream of the site 05-103 ' SL.LJE LINE Page 6 05-103 Park View Short Plat Level 1 Downstream Analysis Appendix !BLUE LINE Page 7 Park View Short Plat Le vel 1 Downstream Analysis a) Widened swale at southwest corner of S 21 5 05 -1 03 'BL UE LINE: Page 8 Park View Short Plat Le vel 1 Downstream Analysis ~ b) Catch basin on the west sid e of Benson Drive S 05-103 ' BL UE LINE Page 9 Park V iew Short Plat Le ve l 1 Downstream Analysis c) Pipe outflow on the east side of Benson Drive S 05-103 IBLUE L IN E Page 10 Park V iew Short Plat Level 1 Downstream Analysis 1tJ~ "'. d) Lawn of Puget Sound Power 05-103 ISL U E LINE Page 11 Park View Short Plat Le vel 1 Downstream Analysis e) End of 6-inch pipe connecting to 8-inch pipe 05-103 ls LUE ,LINE Page 12 Par k View Short Plat Le vel 1 Downstream Analysis ., f) Swale formed by half culvert 05-103 !BLUE L IN E Page 13 " " -'< ~ u " ~~ .~ Cl ~;;:; ' C, .-. .:, ~ ;§ I~ E ::!- ~? .., " (S.j ----ti I "O ~ C, C, -C, .:, " u ~--~ -,t o.- ~L,J SE: SE:C 19 TWN 23N RGE: SE: W.M. 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FL0'MINE" /\ . \. -·. ·/ / OF OITCH I _-\_ - • 2 2·" I I I ·, I r,"-~-rcad',,_c 1' \ I a-re "" · I I ott~c"~-r, I r · \1 / : _J : / i \I 01 I _______ / -----------, I d I i 1· \ ..=-,-=-= ' ~ t Ji =--t--_...,L_ :; 11 ---~ lj I ' ~ 'r I ~' N 1- SCALE: 1 N = 301 a 7.s 1s ,a ,--------------·------1 I PATIO I I I r/?7/77/77//77/77/?7/77/?771 {/ EXISTING a r. HOUSE a e a LLZLZ/L/L/LZLZLZ/L/,LJ , , ---=----- 1 G I ~-:.1 I ----' I ,~I Lu -·1' I ' --J .J' \ ., 22, ----+, /I Clil I I I J/1 ,,, ' : ~ 1_-1· ____ /_-_,-_: •• _,1_---_q,11 --. -/ --'" 1 · I ----+:::::=-:_=-::__:-----!)(-I : I"'! I " 22s---1 1____ )/. a f ::i.1; I " I I , I PR_A_VEL :1· -''{ I 1 I ,l J 111,0RIVl'fJJJ/1 1 1 r --7, r1 / _ 1 l/ i 2 30 '---,J _ _ :t, . <:{/ I ~ -~ -------,1 -! __ -.... _--/ I ~ ! ~ -~-' --, I ·-I -,, --r:"'-' _ _ _ _ _ _ _ _ _J I / _ ..J_ -_-_I _, -~--, -....... 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I g -iii "" [5 (j " "' >-; co )... 1--E:l [Q (j "' " :.'j ~ ~ s:: kl cj ~ ~ ~ ~ V') Q G c::i c:::i JOB NUMBER: 05-103 SHT 2 OF 2 Map Output j: t-HALF CONCRETE PIPE DITCH Page 1 of 2 ·-CULVERT ® -~~ OVERLAND PATH King County ;~·-i",d LARGE SWALE :{1~'f / SHEET FLOW .. ,~ ~•J.'\ ·i~ ... information included on this map has been compiled by King County staff from a variety of sources and is subjed to change without notice. King C kes no represe ntations or warranties , express or implied, as to accuracy, completeness, timeliness, or rights to the use of such information. King Co all not be liable for any general, special, indirect, incidental, or conseque ntial damages including , but not lirmed lo, lost revenues or lost profits result e use or misuse of the information contained on this map. Any sale of this map or information on this map is prohibite d except by written permiss ion c http://www5.metrokc.gov/servlet/com _esri .esrimap .Esrimap?ServiceName=overview&Clie... 8/25/2006 Cill of Renton PLANNING/BUILDING/ PUBLIC WORKS DEPARTMENT Utility Systems -Fifth Floor 1055 South Grady Way Renton, WA 98055 TO: Veronica Sisseck The Blueline Group Phone: (425) 216-4051 Fax Phone: (425) 216-4052 SUBJECT: SR 515/South 21st St. Renton REMARKS: 0 Original to be mailed D Urgent Date: 08/28/2006 FROM: Gary Fink PBPW/ Surface Water Dept. Phone: (425) 430-7392 Fax Phone: (425) 430-7241 Number of pages inr;Juding cover sheet 1 D Reply ASAP D Please X For your Comment review Please accept this note as confirmation of last week's discussion regarding drainage complaints at the intersection of SR-515 (aka Benson Drive) and South 21 51 Street, Renton. Review shows no drainage complaints, active or closed, at this location. The nearest documented drainage complaint occurred west of your site at South 21 51 and Smithers. The complaint, dated August 2003, referred to street level pooling on Smithers. The addition of curbing, walks, & drainage in 2004 eliminated this problem. Please don't hesitate to call if you need further information Regards, Gary Fink TOTAL P.01 "'"''· pi••;,,. v•Z/1 3: 3:§'){ NfZJ. 61 £D 009?''l ooe; b ~ - ' , ' , ' , ' 1i £-fl'(ia I I ' I I ' I ' , ' , ' 0 ' /-<H'l ' N ' ' ' ' ' ' I ' ' ' ' ' I ~ ' I ' ' c., ' I ,11 a as-11 N£'ZJ. OE -rn -----~ tl~1~-- ' ' ---:,1 i!'-1>YJ;i! .. uo~a-~ -s) 3:: 0 lO II) e-t5wi .£-t.:11i! ,-Ma ,11 a as-11 N£'ZJ. 81 -£.i ··.-:\ii· 90/81/to SllOIA liaS 'IV:JINH:mI. 16.d/al d m:,:isAs tD.lO:JS • I \ ' ! \ -~- (\ 01 31ra r \ l \ i i \ ! i ,.[ -I ,. · 1 "' < " .~ '< -t-83'~ "' ,a. if-113'lc! -£-BJ'J:cl :-S:-i3'UI •-O'Ji!' ,_ 1,-93'li! -)o-93'11!' --' " I -t:-93'1 ,-.Q'._1a .. .. ~ l a-,3'1 .. ,,, - 0 F ~ 'J-j,]'l2 .... ~ " I -'° ~ ~ ~ z ~ VI t"fj ~ -N 4 4 4 4 • • • • • • • t • • • • • • • • ' • • • • • • • • • • ' • ' ' ' • ' ' ' • • ' ' • ' ' ' ' ' t ' ' ' t • ' • ' ' 41 41 ' • f 41 . , ~~r~--~?ci-~~3! .~ ,r,,,,, , ~-J,MER',....._·"', ,: __ '' .. 1 ., ' -,, ·" .~c;J\. 'I -; '-~ \. {~SL'J,i·''_· .. :..: ,\¥,,!"' t~i/ ·· -· .ni,,.D , "'·""·('" );~> =~~/ ~ .•. _, .:z ..• nt~ \ /;;;!J}s-'" ,~'.'\' '-it;;'·/ ~ LAKE W-ASHINCTON '\ ' '--= .. VJ;' V.f'JTTII.T,-,.., 4 ,;', B L_,r-r tt i\ ,, r\, J I I I I I I I I L. \ ~\; ~ "' \ 'e-\_. ', rr, ~-J J ·},J /'° ~ ~ =~~-~' ~ ' ' ·-· \ FIGURE 11-2 CITY OF RENTON SURFACE WATER PROBLEM SITES BASIJS NAAES riJ SOOS CIEEK IJI BLACK FIVER If WEST LAKE WAStHlTOO riJ EAST I..Al(E WASl-tmOO II MAY CIEEK D LOWBl CE>AR FIVER Iii DLWMISH Municipal Boundries Urban Growth Boundary 0 ~ 4000 ~ 1 :48,000 8000 e M.Dotson R.MacOnie, D.Visneski MAY 25, 1995 ~01 IRrF-f'ITY f'IF RFI-JT('ltJ 1 QQ~ ,~m.~ff qE,~~&~~fN:Yqf.A,'.~m¢.®tctB@&M¥Mf~,~o.~..¥¥frdfif~-;~~~\;: __ dhb~r#fa#.iA%Ji@::!,1¥kihJ~S&MS\k f~¥A?:S?Vibd~:;;·:t·.dA}SJill&iJi,h~,.,.·~R:,:,:'·-:{ SOIL CONSERVATIOWSERVICE ' ' ' '',, ' ' '',, ,' ,,, ' '', '' ' '' ' ' H ' : ', ' KING COUi'jfv.A/l'E:A, WASHII SOIL LEGEND l'lm Firsl copltol lellcr Is 111<1 ini!k1I one, of lh<J ""'I nam~. /\ ,;n<:nlKI <:op;tul l1'llrr, I\ 0, C, l), t:, or f, indl<:olull thn cl(1ni·, of 5l"l'(J, Syrr,l,oli, wl1l1ou1 u ~!oi,1: lullor 111·11 tho~o of r,aurly IP.val r,oll~. SYMBOL -,.c: .....,,.r1,,I) Doi: Lll, n, !Ju Cl, Ee, Ed E:11!3 1::..,c: E"'D EwC lnli 1,c l11l) l{p[~ KpC l{pD 1<~c NeC Ng Nk No o, o, o,,c Qvl) Ovf Pc Pk "" Py lfoC Hal) F~clC IM.: ''° Rh Nf\ME Aldorwood [ll'ovolly i;m1<ly l,x,111, l) lo(, po,r,:,nol ,;lap,,:, Al<.lorwnocl !/!Ovally ~cmdy ln<i111, (, 1(1 l'i I''""'"'! ,;lc,p1,~ Al<Je1rw00<I wnvully ,;rn,dy l<><lm, I!, 10 ]O pnr<:<llll ~lope~ /\ldc1wood und 1~11.stip '101 .. s, v,,ry _r,l""f' /\rnnti,, Ah.lorwn,,d 11w1Hrrl<il, U lo{, r,u« r,r,I :.lu1111,, • Arn,1t~,, Alcl1Jrwourl nw,l<H l<JI, 6 lo I'., l>'"co,11 !;lopu~ II /iru11!r,, [v"rctl lll(ll,:rlul * I.\UCW!;llu (Jf!IV<>lly Mu1<ly i<>Ur11, 6 lo I'; f><..,r<:11fl! ~.lof,!!~ l\cmn1llu \Jr<1vi::lly !;ci11dy lrx111<, l'i t<> '.I0 1n•n:u1,1 r.lopon 1-\crn,~ll-, \lr;,vc.lly """dy I"""', 1() 1~ "/1, f"·,,·,.uLII ,.lu1,.,,. nallingham iallt lnom L\rl!i<: ol "!II l,mrn Budday sl 11 !c,o,n Com;tul r.lnr,dior. fall"l111or1t !,l!t lc,om lcdg .. wlck lim, ~on<ly luurn E""'"'rt wav.,lly n<,,,Jy lau11,, 01<> ll pore·,.,,, i;lopo,; Everett f)(O\lcliy !iomly lmJ111, S le, l.'i porc"nl "l"p~$ l;vcrntl grnvelly sanely lt>nm, l:J lo 30 Jll>r<.Ctll !;lope,; Evcrett•Alder,,;oocl !Jrovolly S'1nC:y looms, (i lo 15 p .. rccnl !;lopm; lndicmnlo lo,1111y flrot! .~end, 0 to 11 p.,,u,nr ,;lupu,:; lndioriolo looniy fine sand, ,I 10 I.'! parcanl i.lopt,~ lndlonolo loomy flnu su,1d, 1.') le, '.JO nniconr dor"-' l{its<1p 91]1 lomn, 2 lo Ci l""'-""T :dc>po~ l{lt~op ~Ill l"<1m, 0 10 1'.J pr,rccnl ,;l"f"'" l(itsor ~Ill loom, !5 re 30 p<'rco,or ,,,'op"~ Klm15 grovully loamy tlond, (1 10 E1 p<!rconl r.lofli.'~ Mi)(c,<J olluvlul land Nelhou very grov111ly locmy am,<.l,? '" l'.i 1i<1rcenl slopDs Mowb11r9 silt 100111 Nooksock silt loom Normo 5oncly loom 0-cu~ po.at Oridio sl It loorn Ovall grovnlly loom, 0 In l!i prn~rn,t ~:"""" Oval! gravelly 10001, l~ lo 2.', pon;o,,1 ~lupu!; ()vol! gro-.,ally loom, ,m ILJ /'., pPrw111 slopws Plkhucl, lourny fhrn so11,0 F'llchvd, Fino so11dy l11cr11 P1111et silly cloy l0<1m Pu~(illup Fino sandy 100111 l~c;gnur lino soncly I uom, (, tu ! Ii pc,rc-rnt •, I "I-"''; l~cigmlf finu sondy loom, •.:i to /.'.l /Jo:'f~.:,nl ,.lopo~ Rc,:rnor"lncllanolo o~socl'11ion, ~lopi11\1 * F,fo911or-lr1dla11olo o,;~oc1<.1,lor1, rc,odurululy ,.1011p • l~cnton "lit loom l~iverwnsh Su Solol ~ I It lc,on, Sh S01nmoml~h ~Ill loorn Sit Sool'l lo muck 5111 Sholc<ir 11,111:I, Su s1~1h loom So Srwl,urnisl, ~111 lo<im S• Snohoml~h ~lh loom, !hkl, ,;urluc:~ vrn·l"nl Su Sultan sill loom Ur Url,on land Wo Wot>dlrwillo slh 100111 11 Tho compo~lf/on uf tl10:;o unll~ Is mo,,• v<oril\l,lu 1•,ur, 1!,ul of lho urlmrn In Iha moo, bu! II hos hoon co.,1roll"'I wu:I ,n,m,nl1 I" 111toq1rnt for 1110 o><r>octcd I.J"" of tho ~oils. ;•,, Jl,~,,•i," y, o> ',11,1, .. ( ,•nl 1 .. w, Ion"'""''" Hc:,,,,,v,11i .'.,1,.1ll1•rnl I "'"I"''" ;),".I"'" liu,• 1.,..,,..,.1,'I, Ii ~·,:1, .. q 1 ..... S,,, 1;,,,, , "" ( \, "" ~1,11 ~-"" \ 111 i "" I ~,1 u 1i '.-.,1,.,..i, ,1 .... !',.,.,,. 1,,,,,., W<:11, ... 11,,., I ""I,~; ,.,1, l",rn .. ,1"' 11.,,1,"'""I' I <1[,lt,I, ~I ()1111•1 ,,.,, /\uy "" ',, y,,I I n:,,I "" 0,1,,,, ''"' I l~·c l"·d '•I" \Jn< Ir<·• k,,.I · th an n the • The a'' have -lety of nl<lP· !rvice loca- ring se- baslns. Wetlands Wetlands Open Waler -Basin Boundaries Sub-basin Boundaries Duwamish 4 1d ba- lood In~ :how the -ireams. Class 1 Cla.ss 2 (with salmonids) Class 2 (perennial; .salmonid use undetermined) • • 8 6 .o Class 3 Unclassified --' ' -""'1·-· ' --· -·--\ Duwamish 4 Duwamish 4 \ Duwamish 4 ; for reas. eptlble ;eJsmlc a-:i are mts; Seismic Hazard Areas Duwamish 4 N. I min-d with ;ural Re· t occurs ,c::eded lY the noels. Duvvamish 4 King County: Assessor Property Characteristics Report ® King County a:m'flmllll llEl!DIII Ci§41i44W Comments A1¥i#9,M By law this information may not be used for commercial purposes. Assessor Real Property Records: Taxpayer Tax Year Tax Status OTT ROBERT P+RENEE L 2006 TAXABLE Appraised Land Value Parcel Number Account Number Levy Code Taxable Value Reason $120,000 Taxable Land Value 7222000090 722200009008 2110 NONE OR UNKNOWN $120,000 Appraised Improvement $42,000 Taxable Improvement Value $42,000 Value OTT ROBERT Taxpayer P+RENEE L -~--~---~----. --···---- Tax Year 2007 Tax Status TAXABLE Appraised Land Value Parcel Number Account Number Levy Code Taxable Value Reason $124,000 Taxable Land Value 7222000090 722200009008 2110 NONE OR UNKNOWN $124,000 Appraised Improvement $50,000 Taxable Improvement Value $50,000 Value Assessor Property Sales Records: Tip: Use the Recorders Office: Excjsi,_.Ia_x __ Affidavits Report to see more sales records details Sale Date 7/2/1999 !Sale Price 1$155,000 Seller Name HUNT JAMES L Buyer Name OTT ROBERT P+RENEE L Sale Date 3/5/1993 !Sale Price 1$110,000 Seller Name AKERS MARIE+RONALD Buyer Name HUNT JAMES L Assessor Parcel Records: District Name RENTON Property Name Property RESIDENTIAL Type RENTON CO-OP COAL COS Present Single Family Plat Name AC TRACTS NO. 02 Use (Res Use/Zone) Plat Block Water WATER System DISTRICT Plat Lot 15 Sewer PRIVATE http://www5.metrokc.gov/reports/property _report.asp?PIN=7222000090 Page I of3 8/23/2006 King County: Assessor Property Characteristics Report System Lot Area 20,125 SqFt (0.46 acres) Access PUBLIC SectionfTownship/Range SE 19 23 5 Street PAVED Surface Assessor Legal Description Records: Account Number 722200009008 'Record Number 101 Legal Description 15 RENTON CO-OP COAL COS AC TRS # 2 LESS W 70 FT LESS E 100 FT Assessor Residential Building Records: Address 710 S 23RD ST 98055 Building Grade Low Building number 1 Condition Good Bedrooms 1 Year Built 1940 Baths 1 Year Renovated 0 1 /2 Baths 0 Total Living SqFt 1220 3/4 Baths 0 1st Floor Sq Ft 1220 Stories 1 Half Floor Sq Ft 0 Single Story Fireplace 0 2nd Floor SqFt 0 Multi Story Fireplace 0 Upper Floor Sq Ft 0 Free Standing 0 Fireplace Total Basement SqFt 0 Basement Garage SqFt 0 Total Finished Basement 0 Attached Garage SqFt 0 SqFt Finished Basement Grade NONE OR Open Porch SqFt 50 UNKNOWN Daylight Basement Enclosed Porch SqFt 0 Heat System Elec BB Deck Sq Ft 0 Heat Source Electricity Percent Brick Stone 0 This report was generated: 8/23/2006 3:49:45 PM Related on-line re arts: ~ King County GIS: Property information FAQ --------__ ,. __________ _ : KiniJS()u"tr l\:ses~or:_ S_ub111~ta reque.$t to correct this_information _ r Do Es Perm1tApp1ications-Report--.. ------------------..... ___ ., ____ ,,,,.. . --· .. ,. .•...... ____ _ King County: Districts and Development Conditionl!._Report ---------------------------------· ------------------------- : King County Assessor: eReal Property Report (EDF format requires Acrobat) -------------------------·---··· --~ - : King County Assessor: Quarter Section MaR.RfillO_rt (PDF format requires Acrobat] ; King Cou_nty Treasury Operations: __ Pro_perty Tax lnform;1tion http://www5.metrokc.gov/reports/property _report.asp?PIN=7222000090 Page 2 of3 8/23/2006 King County: Assessor Property Characteristics Report Recorders Office: Excise Tax Affi!:favits Repprt -----_:------::-__ ---_--- Recorders Office: Scanned images_gf.pJ;,ts surveys and other map documents Enter a 1 o digit Parcel Number: or Enter an address: [ Search J King County I GIS~ Center I News I Services I Comments I Sec1n:;b By visiting this and other King County web pages, you expressly agree to be bound by terms and conditions of the site. The_Qetails http://www5.metrokc.gov/reports/property _report.asp?PIN=7222000090 Page 3 of3 8/23/2006 King County: Districts and Development Conditions Report (® King County IIIIE!m.illl lEI?DII Ci§l?/34¥ PARCEL REPORT Districts and Development Conditions for Parcel number: 7222000090 Comments BY LAW THIS INFORMATION MAY NOT BE USED FOR COMMERCIAL PURPOSES. Administrative Districts and Areas Address 710 S 23RD ST Jurisdiction Renton Zipcode 98055 Council Districts King County Council District Council Member: Julia Patterson (COUNCIL IN TRANSITION) Phone (206) 296-1005 We.tu,ltll. School District Renton #403 Fire District 0000 Water District None Sewer District None Water and Sewer District None Water Service Planning Area Renton, City of Tribal Lands No Plannin l Desianations King County Zoning Not Available Comgrehensive Plan Land Use Not Available Urban Growth Area Urban Community Planning Area Soos Creek Unincorgorated Area Council None P-Suffix Co_nd_itions None Kroll Map Page 336 Thomas Guide Map Page 656 Agricultural Production District No Forest Production District No Roads MPS Zone 332 Transgortation Concurrency_ Zone 780 http://www5.metrokc.gov/reports/ dd _report. asp ?PIN~ 7222000090 Page 1 of2 Ai¥ii3,M 8/23/2006 King County: Districts and Development Conditions Report Page 2 of2 Environmental Areas Drainage Basin Black River Rural Clearing Limits Apply Not Available Watershed Name Duwamish -Green River WRIAName Duwamish-Green WRIA NumtJ __ er 9 Wetland None mapped 100-Year Flood Plain None mapped Coal Mine Hazards None mapped Erosion Hazards None mapped Landslide Hazards None mapped Seismic Hazards None mapped Critical Aquifer Recharge Area None mapped DDES Pe_r_01ittio.g_lnformation Assessor.Property Characteristics Report Zoom to Parcel -iMAP (High Speed Internet Connection) Zoom to Parcel -Pargel ViewesJAII Internet Connections) The information included on this report has been compiled by King County staff from a variety of sources and is subject to change without notice. King County makes no representations or warranties, express or implied, as to accuracy, completeness, timeliness, or rights to the use of such information. King County shall not be liable for any general, special. indirect, incidental, or consequential damages including, but not limited to, lost revenues or lost profits resulting from the use or misuse of the information contained on this report. Any sale of this report or information on this report is prohibited except by written permission of King County. This report was generated: 8123/2006 3:57:45 PM Enter a 10 digit Parcel Number: or Enter an address: j Search J King County I GIS Center I News I Services I Comments I Search By visiting this and other King County web pages, you expressly agree to be bound by terms and conditions of the site. The details http://www5.metrokc.gov/reports/dd _ report.asp ?pJN ~7222000090 8/23/2006 May 25, 2006 Project No. 06-044 Masterbuilder Construction 10711 SE 30th Street Bellevue, WA 98094 Attention: Mr. Terry Dutro Gary A. Flowers, PLLC Geological & Geotechnical Consulting 19532 12tb Avenue NE Shoreline, WA 98155-1106 Subject: Geological/Geotechnical Assessment 710 South 23'd Street Renton, Washington Dear Mr. Dutro: This report presents the results of our geological/geotechnical evaluation for the property located at the above noted address in Renton, Washington. Current plans indicate that the existing residence, large shop and outbuilding will be demolished and three new, single family homes will be built on the property. According to the City of Renton planning department, the site contains a regulated slope along the northern edge of the property and it is located in an area of potential coal mine hazards. The purpose of our site evaluation was to document existing shallow soil and ground water conditions on the property, evaluate the regulated slope and potential mine hazards and provide recommended mitigations, if necessary, and provide geotechnical design recommendations for construction of the proposed improvements. EXISTING SITE CONDITONS The subject site is rectangular in shape and measures 113.66 feet in the east-west direction by 177.07 feet in the north-south direction. The parcel is located on a very gentle north facing slope in the Talbot Hill neighborhood of Renton. Relief on the property is on the order of 6 feet or a 3Y, percent gradient. The north end of the property is adjacent to a small cut slope on the adjoining property. The cut slope ranges from 3 to 4Y, in height and is protected from erosion by a rockery and segmental block wall. The property is bounded by single family residences to the north, east and west and by South 23 ,d Street to the south. Vegetation on the site is primarily lawn grass with a few small trees and bushes. 19532 1211:, Avenue NE Gary A. Flowers, PLLC Shoreline, Washington 98155-1106 206-417-7640 Proposed 3 Lot Subdfi'ision 7 JO South 23'd Street, Renton, Washington Geological/Geotechnical Services Report Subsurface Soil aud Ground Water Conditions According to the Geologic Map of King County, Washington, by Booth, Haugerud and Sacket, 2002, the site is mapped as Qvt (Vashon age glacial till) deposits. Till is a nonbomogenous mixture of sand, gravel and cobbles in a silt/clay matrix that was deposited at the base of, and subsequently overrun by, several thousands of feet of glacial ice resulting in a very dense, relatively impermeable sediment. Bedrock of the Renton Formation is mapped further downslope to the north and west. Our investigation of the subject site and surrounding area is iu general agreement with the published geologic map of the area. We placed two hand auger holes and five probe holes on the site on April 12, 2006. We also reviewed the boring logs for the Talbot Hill Elementary School renovation project from April of 1996 and visually observed the exposed soils in the new subdivision currently being developed immediately to the north of the subject site. Following are the results of the hand auger holes. HA-1 0.0-0.5' 0.5 -2.2' 2.2 -2.5' HA-2 0.0-.8' 0.8-2.0' 2.0-2.5' Located in center of the lawn area about 25 feet south of the north property line Grass sod and organic topsoil Loose to medium dense, moist to very moist, brown, silty SAND with gravel ( weathered till) Dense to very dense, moist, grey-brown, silty SAND with gravel (lodgement till) T.D. @ 2.5 feet -Refusal on very dense silty sand with gravel Located in yard area immediately north of existing house Grass sod and organic topsoil Loose to medium dense, moist to very moist, brown, silty SAND with gravel ( weathered till) Dense to very dense, moist, grey-brown, silty SAND with gravel (lodgement till) T.D.@ 2.5 feet -Refusal on very dense silty sand with gravel A total of 5 locations were probed with a I /2", stainless steel, I-handle soils probe. At all locations the upper approximate 18 to 30 inches probed relatively easily and then met hard refusal on the underlying glacial till sediments. The soils borings for the Talbot Hill Elementary School were reviewed and indicated very dense glacial till soils at shallow depths. According to the contractor for the subdivision under development immediately to the north of the subject site (Zellenburg SP -15724 Williams Ave S) dense till sediments were encountered at a depth of 18 to 24 inches below grade. 19532 12th Avenue NE Gary A. Flowers, PLLC. Shoreline, Washington 98155-1106 206-417-7640 2 Proposed 3 Lot Subdroision Geo/ogica//Geotechnica/ Services Report 710 Sauth 2 3'd Street, Renton, Washington There was no indication of standing or flowing water present on the property at the time of our field work. Some minor free moisture was observed in our hand auger holes at the contact with the unweathered and weathered till soils. This water is indicative of ground water perched atop the underlying unweathered till soils. This water will likely only be present during the wetter times of the year and it will move through the ground as interflow atop the unweathered till sediments and in response to local topography. Seismic The site is underlain by glacially consolidated sediments without an adverse ground water condition. As such, it is our opinion that the potential for seismically induced landsliding or liquefaction is low. The nearest known fault is the Seattle Fault Zone that is thought to be located about 7 miles north of the site. As per the 2003 International Building Code, Table 1615.1.1, the subject site is defined as Site Class C. Coal Mine Hazards The City of Renton Coal Mine Hazard Areas mapping shows the Dutro property to lie adjacent to a moderate mine hazard area to the south of the subject site. As part of our investigation, we have performed a literature review to determine the mine proximity and relative degree of hazard for the proposed development. The following state and city records have been reviewed: 1) City of Renton Coal Mine Hazard Areas Mapping, 2) Washington State Coal Mine Map Collection, 1983, Open File Report 83-8 3) State Department of Natural Resources, mine map sheet for the Sunbeam #I Mine 4) Eng. Investigation for the Renton Washington Area, by Morrison-Knudsen Company, 1985. The city hazard mapping shows a somewhat linear, southeast trending mine working to pass south of the subject site. This feature was determined to be the main slope of the Sunshine No. I coal mine. The city mapping and our research finds the mine workings to pass beneath Thomas Teasdale Park, some 100 feet south of the subject site. The mine extends to the southeast, and eventually ends west of Benson Road, near the intersection of S 26th Street and S Cedar Avenue. The Sunbeam Mine was reportedly active between 1925 and 1929, and produced approximately 90,000 tons of coal. The mine was closed in 1929 as a result of a mine fire. The main mine entry and development works were driven along a coal seam strike on the steep ascending slope east of the Panther Creek Wetlands. The mine workings were developed up-dip (toward the south), off of the main slope. This is in the opposite direction of (away from) the subject property. Estimated overburden depth is believed to be generally less than 150 feet in the west, and increases to about 300 feet at the eastern extent. Based on an assumed uniform main slope inclination, an overburden cover on the order of 225 feet is estimated in the area of Thomas Teasdale Park. 19532 12a, Avenue NE Gary A. Flowers, PLLC. Shoreline, Washington 98155-1106 3 2-06-417-7640 Proposed 3 Lot Subdivision 710 South 23'a Street, Renton, Washington Geo/ogical/Geotechnica/ Services Report The city mapping shows the high hazard area for this mine to lie along the southeast (up--dip) margin of the workings. 'Ibis is the primary area of coal removal, and presumably has less overburden cover than the main slope and areas to the northwest The moderate hazard area shown south of South 23"1 Street, likely represents the estimated extent of possible surface expression (ground subsidence, stoping voids, etc.) stemming from collapse of the mine workings. Based on our review, it appears that the subject property is outside of the area of mine haz.ard influence, and we therefore conclude that it is not at risk from this type of activity. CONCLUSIONS AND RECOMMENDATIONS Based on the results of our study, it is our opinion that the subject site is suitable for the proposed development. Suitable bearing soils were encountered at a shallow depth and standard spread footing foundations may be used for building support on medium dense or better soils. Any disturbance to otherwise suitable bearing soils during construction will require removal or recompaction prior to placement of foundation concrete or pavement subgrade. The on-site soils can be reused as compacted fill for grading of the property, if necessary. However, the contractor must understand that glacial till sediments contain significant amounts of fines (silt/clay sized particles) and are best suited for dry weather construction. Moisture conditioning of on-site fill soils may be required in order to attain suitable compaction. As such, the contractor should be prepared to import suitable structural fill soils when required. Regulated slopes indicated on City of Renton mapping documents were not found to be present on the site. Based on available records, a nearby coal mine hazard area indicated on City mapping documents was determined to not present a hazard to the subject property. Site Grading Although a grading plan was not available at the time of our study, it does not appear that any significant grading will be required for the development of this project. Site preparation of the planned building area should include removal of all existing housing components, fill materials, plants and roots, sod, topsoil, and any other deleterious materials. These unsuitable materials should be properly disposed of off-site unless they will be used in landscape areas. Areas where loose, sur:ficial soils exist due to grubbing operations should be considered as fill to the depth of disturbance and treated as subsequently recommended for structural fill placement. Any buried utilities should be removed or relocated if they are under building areas. The resulting depressions should be backfilled with structural fill. Any non-organic soils that are to be re-used on the site as structural backfill must be kept covered at all times and protected from the weather. Where structural fill is necessary it must be compacted to a dense, nonyielding condition. Structural fill is defined as non-organic soil, placed in maximum 8-inch loose lifts with each lift being compacted to a dense, non-yielding condition prior to installation of the succeeding lift. 19532 12th. Avenue NE Gary A. Flowers, PLLC. Shoreline, Washington 98155-1106 4 206-417-7640 Proposed 3 Lot Subdivision 7 JO South 2 J'a Street, Renton, Washington Geo/ogical!Geotechnica/ Services Report In the case of utility trench backfill, the structural fill should be placed and compacted in accordance with current local or county codes and standards. The top of all compacted fill should extend horizontally outward a minimum distance of 3 feet beyond the location of perimeter footings or pavement edges before sloping down at a maximum angle of2H: 1 V. Foundation Recommendations Shallow foundations may be used for support of the planned structures when placed on undisturbed or recompacted native till sediments that are medium dense or better, or approved structural fill placed atop these materials. Medium dense or better native sediments were typically encountered at depths of about I 8 to 30 inches below existing grade on the subject parcel. We recommend an allowable soil bearing value of2000 psfbe used in the design of these footings, including both dead and live loads. An increase of one-third may be used for short-term wind or seismic loading. Perimeter footings for the proposed structures should be buried a minimum of 18 inches into the surrounding soil for frost protection. Total settlement of footings placed as detailed herein should be less than 1 inch in a 20 foot span with differential settlement less than 'I, inch between comparably loaded footings. However, foundations placed on soil that is not at least medium dense may result in increased settlement. All foundation excavations should be inspected by a representative of this firm, prior to concrete placement, to verify that the design bearing capacity of the soils has been attained and that construction conforms to the recommendations contained in this report. Lateral loads can be resisted by friction between the foundations, slabs and the supporting soils, and/or by passive earth pressure acting on the buried portions of the foundations. We recommend a passive equivalent fluid pressure of 300 pcf for foundations that are backfilled with compacted structural fill for a distance of 3 feet from the foundation. We also recommend a coefficient of friction of 0.40 be used. These values are allowable and include a factor of safety of at least 1.5. Retaining Walls Retaining walls or foundation walls taller than 3 feet must be lined with a minimum of 12 inches of washed rock to within I foot of finish grade or utilize an approved drainage mat such as Mira Drain 6000 or equivalent. The washed rock or drain mat must tie into the footing drain for the wall footing. Horizontally backfilled walls that are free to yield laterally at least 0. I percent of their height may be designed using an active equivalent fluid pressure equal to 30 pcf. Fully restrained, horizontally backfilled, rigid walls that cannot yield should be designed for an at rest equivalent fluid pressure of 50 pcf. Additional surcharges such as slope, traffic, other structures, or heavy equipment must be added to these design values. The lateral pressures presented above are based on the conditions of a uniform horizontal backfill consisting of the on-site soils or imported sand and gravel compacted to a firm and unyielding Gary A. Flowers, PLLC. 1953212th. Avenue NE Shoreline, Washington 98155~1106 206-417-7640 5 Proposed 3 Lot Subdivision 7 IO South 2 3'd Street, Renton, Washington Geological/Geotechnical Services Report condition. Where driveways, stairways, sidewalks, etc. will be constructed above a retaining wall the compaction of the soils should be closely monitored to verify sufficient compaction to reduce settlement potential but avoid over compaction of the soils that may increase the pressure acting on the wall. Retaining wall design should use the same passive equivalent fluid pressure (300 pcf) and coefficient offuction (0.40) as shown above in the Foundation Recommendations section. Floor Support Recommendations For any slab-on-grade floors we recommend that the exposed natural soil beneath the slab be recompacted to a dense, unyielding condition. These soils were typically very fine grained and extremely moisture sensitive and, depending upon time of year, may require moisture conditioning in order to attain suitable compaction. Any yielding areas should be overexcavated and filled with approved structural fill. A capillary break layer should be placed under any floor slabs where moisture intrusion through the slab is a concern. The drainage material should consist of clean sand and gravel (less than 3 percent fines), crushed rock or pea gravel. A heavy duty (minimum 10 mil) plastic vapor barrier should overlie the drainage blanket. Any penetrations through the vapor barrier should be appropriately taped to prevent moisture intrusion. Site Drainage All perimeter footing walls and retaining walls should be provided \vith a drain at the footing level. Drains should consist of rigid, perforated, PVC pipe surrounded by washed pea gravel. The level of the perforations in the pipe should be set approximately at the bottom of the footing and the drains should be constructed with sufficient gradient to allow gravity discharge away from the footings. Roof and other impermeable surface ruooff should not discharge into the footing drain system, but should be collected and handled by a separate, rigid, tightline drain that discharges into an approved storm water conveyance system. In planning, exterior grades adjacent to walls should be sloped downward away from the structure. Erosion Protection The soils present on the site have a moderate to high erosion potential. However, due to the lack of steep slope gradients on the site there is a low potential for erosion and sediment transport off site. As such standard erosion control construction practices should be suitable for the development. Properly constructed and maintained silts fences should be placed along the lower areas of the site. Soil stockpiles should be kept covered with plastic sheeting. Areas stripped of vegetation during construction should be replanted, or otherwise protected, as soon as possible. Construction entrances should be rocked to minimize off-site soil transport. 19532 12c Avenue NE Gary A. Flowers, PLLC. Shoreline, Washington 98155-1106 6 20&--417-7640 Geological!Geotechnica/ Sen,ices Report Proposed 3 Lot Subdivision 710 South 23"' Street, Renton, Washington SUMMARY Based on our site reconnaissance, literature review and subsurface explorations the site appears to be suitable for the proposed development provided the recommendations given herein are properly implemented. We recommend that we be retained to review those portions of the plans and specifications that pertain to grading or foundation installations to determine that they are consistent with the recommendations of this report. Construction monitoring and consultation services should also be provided to verify that subsurface conditions are as expected. Should conditions be revealed during construction that differs from the anticipated subsurface profile, we will evaluate those conditions and provide alternative recommendations where appropriate. Field construction monitoring and observation services should be considered an extension of this initial geotechnical evaluation and are essential to the determination of compliance with the project drawings and specifications. Such activities would include site grading, subsurface drainage, foundations and fill placement and compaction. Our findings and recommendations provided in this report were prepared in accordance with generally accepted principles of engineering geology and geotechnical engineering as practiced in the Puget Sound area at the time this report was submitted. We make no other warranty, either express or implied. Sincerely, Gary A. Flowers, P.G., P.E.G. Principal Engineering Geologist 19532 12th Avenue 1'.ffi I EX:PJRES 4 Robert M. Pride, P.E. Geotechnical Engineer Gary A. Flowers, PLLC Shoreline, V..' ash1ngton 9815 5-1106 7 206-417-7640 May 25, 2006 Project No. 06-044 Masterbuilder Construction 10711 SE 30th Street Bellevue, WA 98094 Attention: Mr. Terry Dutro Gary A. Flowers, PLLC Geological & Geotechnical Consulting 19532 12th Avenue NE Shoreline, WA 98155-1106 (J('T \. , ," ._ .. ,,., r-:·i.... .,, ~ " : .~ ~ ~· Subject: Geological/Geotechnical Assessment 710 South 23rd Street Renton, Washington Dear Mr. Dutro: This report presents the results of our geological/geotechnical evaluation for the property located at the above noted address in Renton, Washington. Current plans indicate that the existing residence, large shop and outbuilding will be demolished and three new, single family homes will be built on the property. According to the City of Renton planning department, the site contains a regulated slope along the northern edge of the property and it is located in an area of potential coal mine hazards. The purpose of our site evaluation was to document existing shallow soil and ground water conditions on the property, evaluate the regulated slope and potential mine hazards and provide recommended mitigations, if necessary, and provide geotechnical design recommendations for construction of the proposed improvements. EXISTING SITE CONDITONS The subject site is rectangular in shape and mea~ures 113.66 feet in the east-west direction by 177.07 feet in the north-south direction. The parcel is located on a very gentle north facing slope in the Talbot Hill neighborhood of Renton. Relief on the property is on the order of 6 feet or a 3Y, percent gradient. The north end of the property is adjacent to a small cut slope on the adjoining property. The cut slope ranges from 3 to 4Y, in height and is protected from erosion by a rockery and segmental block wall. The property is bounded by single family residences to the north, east and west and by South 23rd Street to the south. Vegetation on the site is primarily lawn grass with a few small trees and bushes. 19532 12th Avenue NE Gary A. Flowers, PLLC. Shoreline, Washington 98155-1 l 06 206-417-7640 Proposed 3 Lot Subdivision 710 South 23'd Street, Renton, Washington Geo/ogica/!Geotechnical Services Report Subsurface Soil and Ground Water Conditions According to the Geologic Map of King County, Washington, by Booth, Haugerud and Sacket, 2002, the site is mapped as Qvt (Vashon age glacial till) deposits. Till is a nonhomogenous mixture of sand, gravel and cobbles in a silt/clay matrix that was deposited at the base of, and subsequently overrun by, several thousands of feet of glacial ice resulting in a very dense, relatively impermeable sediment. Bedrock of the Renton Formation is mapped further downslope to the north and west. Our investigation of the subject site and surrounding area is in general agreement with the published geologic map of the area. We placed two hand auger holes and five probe holes on the site on April 12, 2006. We also reviewed the boring logs for the Talbot Hill Elementary School renovation project from April of 1996 and visually observed the exposed soils in the new subdivision currently being developed immediately to the north of the subject site. Following are the results of the hand auger holes. HA-I 0.0-0.5' 0.5 -2.2' 2.2-2.5' HA-2 0.0-.8' 0.8-2.0' 2.0-2.5' Located in center of the lav,n area about 25 feet south of the north property line Grass sod and organic topsoil Loose to medium dense, moist to very moist, brown, silty SAND with gravel ( weathered till) Dense to very dense, moist, grey-brown, silty SAND with gravel (lodgement till) T.D. @ 2.5 feet -Refusal on very dense silty sand with gravel Located in yard area immediately north of existing house Grass sod and organic topsoil Loose to medium dense, moist to very moist, brown, silty SAND with gravel ( weathered till) Dense to very dense, moist, grey-brown, silty SAND with gravel (lodgement till) T.D. @ 2.5 feet -Refusal on very dense silty sand with gravel A total of 5 locations were probed with a 1/2", stainless steel, T-handle soils probe. At all locations the upper approximate 18 to 30 inches probed relatively easily and then met hard refusal on the underlying glacial till sediments. The soils borings for the Talbot Hill Elementary School were reviewed and indicated very dense glacial till soils at shallow depths. According to the contractor for the subdivision under development immediately to the north of the subject site (Zellenburg SP -15724 Williams Ave S) dense till sediments were encountered at a depth of 18 to 24 inches below grade. 19532 12th Avenue NE Gary A. Flowers, PLLC. Shoreline, Washington 98155-1106 2 206-417-7640 Proposed 3 Lot Subdivision Geological!Geotechnica/ Services Report 7 JO South 23"' Street, Renton, Washington There was no indication of standing or flowing water present on the property at the time of our field work. Some minor free moisture was observed in our hand auger holes at the contact with the unweathered and weathered till soils. This water is indicative of ground water perched atop the underlying unweathered till soils. 1bis water will likely only be present during the wetter times of the year and it will move through the ground as interflow atop the unweathered till sediments and in response to local topography. Seismic The site is underlain by glacially consolidated sediments without an adverse ground water condition. As such, it is our opinion that the potential for seismically induced landsliding or liquefaction is low. The nearest known fault is the Seattle Fault Zone that is thought to be located about 7 miles north of the site. As per the 2003 International Building Code, Table 1615.1.1, the subject site is defined as Site Class C. Coal Mine Hazards The City of Renton Coal Mine Hazard Areas mapping shows the Dutro property to lie adjacent to a moderate mine hazard area to the south of the subject site. As part of our investigation, we have performed a literature review to determine the mine proximity and relative degree of hazard for the proposed development. The following state and city records have been reviewed: I) City of Renton Coal Mine Hazard Areas Mapping, 2) Washington State Coal Mine Map Collection, 1983, Open File Report 83-8 3) State Department of Natural Resources, mine map sheet for the Sunbeam #1 Mine 4) Eng. Investigation for the Renton Washington Area, by Morrison-Knudsen Company, 1985. The city hazard mapping shows a somewhat linear, southeast trending mine working to pass south of the subject site. This feature was determined to be the main slope of the Sunshine No. 1 coal mine. The city mapping and our research finds the mine workings to pass beneath Thomas Teasdale Park, some 100 feet south of the subject site. The mine extends to the southeast, and eventually ends west of Benson Road, near the intersection of S 26th Street and S Cedar Avenue_ The Sunbeam Mine was reportedly active between 1925 and 1929, and produced approximately 90,000 tons of coal. The mine was closed in 1929 as a result of a mine fire_ The main mine entry and development works were driven along a coal seam strike on the steep ascending slope east of the Panther Creek Wetlands. The mine workings were developed up-dip (toward the south), off of the main slope. This is in the opposite direction of (away from) the subject property_ Estimated overburden depth is believed to be generally less than 150 feet in the west, and increases to about 300 feet at the eastern extent. Based on an assumed uniform main slope inclination, an overburden cover on the order of 225 feet is estimated in the area of Thomas Teasdale Park. 19532 12th Avenue NE Gary A. Flowers, PLLC Shoreline, Washington 981:55~1106 3 2%-417-7640 Proposed 3 Lot Subdivision 710 South 23'd Street, Renton, Washington Geologica//Geotechnical Services Report The city mapping shows the high hazard area for this mine to lie along the southeast (up-dip) margin of the workings. This is the primary area of coal removal, and presumably has less overburden cover than the main slope and areas to the northwest. The moderate hazard area shown south of South 23'd Street, likely represents the estimated extent of possible surface expression (ground subsidence, sloping voids, etc.) stemming from collapse of the mine workings. Based on our review, it appears that the subject property is outside of the area of mine hazard influence, and we therefore conclude that it is not at risk from this type of activity. CONCLUSIONS AND RECOMMENDATIONS Based on the results of our study, it is our opinion that the subject site is suitable for the proposed development. Suitable bearing soils were encountered at a shallow depth and standard spread footing foundations may be used for building support on medium dense or better soils. Any disturbance to otherwise suitable bearing soils during construction will require removal or recompaction prior to placement of foundation concrete or pavement subgrade. The on-site soils can be reused as compacted fill for grading of the property, if necessary. However, the contractor must understand that glacial till sediments contain significant amounts of fines (silt/clay sized particles) and are best suited for dry weather construction. Moisture conditioning of on-site fill soils may be required in order to attain suitable compaction. As such, the contractor should be prepared to import suitable structural fill soils when required. Regulated slopes indicated on City of Renton mapping documents were not found to be present on the site. Based on available records, a nearby coal mine hazard area indicated on City mapping documents was determined to not present a hazard to the subject property. Site Grading Although a grading plan was not available at the time of our study, it does not appear that any significant grading will be required for the development of this project. Site preparation of the planned building area should include removal of all existing housing components, fill materials, plants and roots, sod, topsoil, and any other deleterious materials. These unsuitable materials should be properly disposed of off-site unless they will be used in landscape areas. Areas where loose, surficial soils exist due to grubbing operations should be considered as fill to the depth of disturbance and treated as subsequently recommended for structural fill placement. Any buried utilities should be removed or relocated if they are under building areas. The resulting depressions should be backfilled with structural fill. Any non-organic soils that are to be re-used on the site as structural backfill must be kept covered at all times and protected from the weather. Where structural fill is necessary it must be compacted to a dense, nonyielding condition. Structural fill is defined as non-organic soil, placed in maximum 8-inch loose lifts with each lift being compacted to a dense, non-yielding condition prior to installation of the succeeding lift. 19532 12th Avenue NE Gary A. Flowers, PLLC Shoreline, Washington 98155-1106 4 206417-7640 Proposed 3 Lot Subdivision 710 South 23'd Street, Renton. Washington Geological/Geotechnical Services Report In the case of utility trench backfill, the structural fill should be placed and compacted in accordance with current local or county codes and standards. The top of all compacted fill should extend horizontally outward a minimum distance of 3 feet beyond the location of perimeter footings or pavement edges before sloping down at a maximum angle of2H: IV. Foundation Recommendations Shallow foundations may be used for support of the planned structures when placed on undisturbed or recompacted native till sediments that are medium dense or better, or approved structural fill placed atop these materials. Medium dense or better native sediments were typically encountered at depths of about 18 to 30 inches below existing grade on the subject parcel. We recommend an allowable soil bearing value of2000 psfbe used in the design of these footings, including both dead and live loads. An increase of one-third may be used for short-term wind or seismic loading. Perimeter footings for the proposed structures should be buried a minimum of 18 inches into the surrounding soil for frost protection. Total settlement of footings placed as detailed herein should be less than 1 inch in a 20 foot span with differential settlement less than Yi inch between comparably loaded footings. However, foundations placed on soil that is not at least medium dense may result in increased settlement. All foundation excavations should be inspected by a representative of this firm, prior to concrete placement, to verify that the design bearing capacity of the soils has been attained and that construction conforms to the recommendations contained in this report. Lateral loads can be resisted by friction between the foundations, slabs and the supporting soils, and/or by passive earth pressure acting on the buried portions of the foundations. We recommend a passive equivalent fluid pressure of 300 pcf for foundations that are backfilled with compacted structural fill for a distance of 3 feet from the foundation. We also recommend a coefficient of friction of 0.40 be used. These values are allowable and include a factor of safety of at least 1.5. Retaining Walls Retaining walls or foundation walls taller than 3 feet must be lined with a minimum of 12 inches of washed rock to within I foot of finish grade or utilize an approved drainage mat such as Mira Drain 6000 or equivalent. The washed rock or drain mat must tie into the footing drain for the wall footing. Horizontally backfilled walls that are free to yield laterally at least 0.1 percent of their height may be designed using an active equivalent fluid pressure equal to 30 pcf. Fully restrained, horizontally backfilled, rigid walls that cannot yield should be designed for an at rest equivalent fluid pressure of 50 pcf. Additional surcharges such as slope, traffic, other structures, or heavy equipment must be added to these design values. The lateral pressures presented above are based on the conditions of a uniform horizontal backfill consisting of the on-site soils or imported sand and gravel compacted to a firm and unyielding 19532 12tti Avenue NE Gary A. Flowers, PLLC. Shordrne. Washington 98155-1106 206-417-7640 5 Proposed 3 Lot Subdivision 710 South 2_td Street, Renton, Washington Geological/Geotechnical Services Report condition. Where driveways, stairways, sidewalks, etc. will be constructed above a retaining wall the compaction of the soils should be closely monitored to verify sufficient compaction to reduce settlement potential but avoid over compaction of the soils that may increase the pressure acting on the wall. Retaining wall design should use the same passive equivalent fluid pressure (300 pd) and coefficient of friction (0.40) as shown above in the Foundation Recommendations section. Floor Support Recommendations For any slab-on-grade floors we recommend that the exposed natural soil beneath the slab be recompacted to a dense, unyielding condition. These soils were typically very fine grained and extremely moisture sensitive and, depending upon time of year, may require moisture conditioning in order to attain suitable compaction. Any yielding areas should be overexcavated and filled with approved structural fill. A capillary break layer should be placed under any floor slabs where moisture intrusion through the slab is a concern. The drainage material should consist of clean sand and gravel (less than 3 percent fines), crushed rock or pea gravel. A heavy duty (minimum IO mil) plastic vapor barrier should overlie the drainage blanket. Any penetrations through the vapor barrier should be appropriately taped to prevent moisture intrusion. Site Drainage All perimeter footing walls and retaining walls should be provided with a drain at the footing level. Drains should consist of rigid, perforated, PVC pipe surrounded by washed pea gravel. The level of the perforations in the pipe should be set approximately at the bottom of the footing and the drains should be constructed with sufficient gradient to allow gravity discharge away from the footings. Roof and other impermeable surface runoff should not discharge into the footing drain system, but should be collected and handled by a separate, rigid, tightline drain that discharges into an approved storm water conveyance system. In planning, exterior grades adjacent to walls should be sloped dov.nward away from the structure. Erosion Protection The soils present on the site have a moderate to high erosion potential. However, due to the lack of steep slope gradients on the site there is a low potential for erosion and sediment transport off site. As such standard erosion control construction practices should be suitable for the development. Properly constructed and maintained silts fences should be placed along the lower areas of the site. Soil stockpiles should be kept covered with plastic sheeting. Areas stripped of vegetation during construction should be replanted, or otherwise protected, as soon as possible. Construction entrances should be rocked to minimize off-site soil transport. 19532 12th Avenue NE Gary A. Flowers, PLLC. Shoreline, Washington 98155-1106 6 206-417-7640 Proposed 3 Lot Subdivision 710 South 23'd Street, Renton, Washington Geological/Geotechnica/ Services Report SUMMARY Based on our site reconnaissance, literature review and subsurface explorations the site appears to be suitable for the proposed development provided the recommendations given herein are properly implemented, We recommend that we be retained to review those portions of the plans and specifications that pertain to grading or foundation installations to determine that they are consistent with the recommendations of this report. Construction monitoring and consultation services should also be provided to verify that subsurface conditions are as expected. Should conditions be revealed during construction that differs from the anticipated subsurface profile, we will evaluate those conditions and provide alternative recommendations where appropriate. Field construction monitoring and observation services should be considered an extension of this initial geotechnical evaluation and are essential to the determination of compliance with the project drawings and specifications. Such activities would include site grading, subsurface drainage, foundations and fill placement and compaction. Our findings and recommendations provided in this report were prepared in accordance with generally accepted principles of engineering geology and geotechnical engineering as practiced in the Puget Sound area at the time this report was submitted. We make no other warranty, either express or implied. Sincerely, Gary A. Flowers, P.G., P.E.G. Principal Engineering Geologist 19532 121h Avenue NE I EXPIRES t Gary A. Flowers, PLLC. Robert M. Pride, P.E. Geotechnical Engineer Shoreline, '0/ashingwn 98155-1106 7 206-417-7640 EASEMENT ( customer form) REFERENCE #: GRANTOR: GRANTEE: PUGET SOUND ENERGY. INC. SHORT LEGAL: ASSESSOR'S PROPERTY TAX PARCEL: a., . ' :/'~ ·c~ ... ff!-,, )~-~. ,_; '{ C:·.-'-l, "'t..~ see full legal on page_ OP or U MAP NO: JOB NO: FILE#:------ 0' ' For and in consideration of One Dollar ($1.00 i and other valuable consideration in hand paid, (10 ()(,r ( M!d 12.we ()f + ("Grantor" herein). its successors and assigns hereby conveys and warrants to PUGET SOUND ENERGY, INC., a Washington Corporation (''Grantee" herein), its successors and assigns for the purposes hereinafter set forth, a nonexclusive perpetual easellJent over, under, along, across and through the following described real property {"Property" herein) in K ! ·\JG County. Washington: SEE EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART HEREOF. EASEMENT LOCATION: Except as may be otherwise set forth herein, Grantee's rights shall be exercised upon that portion of the Property (the "Easement Area" herein) that is ten (10) feet in width having five (5) feet of such width on each side of the centerline of Grantee's S/stems located as constructed or to be constructed, extended or relocated on the Property. except those port:ons of the Property occupied by existing building footings. foundations, and/or subsurface structures. 1. Purpose. Grantee shall have the right to use :he Easement Area to construct, operate, maintain. repair, replace. improve, remove. and enlarge one or more utility systems for purposes of transmission, distribution and sale of gas and electricity. Together with the right of access over and across said Property to enable Grantee to exercise its rights hereunder. As used herein, the term ''systems" shall include al! appurtenances and facilities as are necessary. in the judgment of Grantee, for the operation and maintenance of said systems. 2. Grantor's Use of Easement Area. Granter agrees not to erect any structures on said Easement Area, and further agrees not to place trees, rockeries, fences or other obstructions on the Property that would interfere with the exercise of Grantee's rights herein. DATED this Z<Jk. day of ,f6~1f...~:....:_~_. _____ , 2007. GRANTOR: BY: BY: . ;') :. , ') (}([71i.[! ,)" ·bjJ! _____ _ WO# _______ _ :~.W# _______ _ Page ___ of __ _ NOTE: SJGNATURES ARE REQUIRED OF ALL CO-OWNERS OF PROPERTY ~--------------------------------------·-·-,., -- ss STATE OF WASHINGTON COUNTY OF ft,vt · ~ ~I. i On this h day of /Vtk/(111~'"" , 2007, before <])9, a Notary,.,Public in ar,:J for the State of j Was~to~. dul~ CO.(Tl..;!}issioned and sworn, personally appeared Md~F /..,17,r;r ;f,,,() ___ 1 /'{~~ ,(. (17/ , to me known to be the 1ndiv1d1Jpl(s) who execcted I the within and foregoing instrument. and acknowledged that n5e., signed the same as ,?J()n·· free and voluntary act and deed for the uses and purposed therein mentiont(ci. GIVEN un, is heretc affixed the day d year in this certificate first above written. r r, DHIRAJ THAKORLAL Ii NOTARY PUBLIC l i ~ STATE OF WASHINGTON COMMISSION EXPIRES AUGUST 19, 2009 No1ar, se31. :ex: J"C al: nc'.ations must be ns1de 1· rnar~ms CORPORA TE i LLC / LP ACKNOWLEDGMENT STATE OF WASHINGTON ) JSS COUNTY OF ) On this ___ day of-~-~-------· 2007, before me, the undersigned. a Notary Public ,n I and for the State of Washington. duly commissioned and sworn, personally appeared -------------------------------------· to me known to be the person(s) who signed as -----------------,------,-.,,--c---.,.-~---cc- of the corporation that executed the within and foregoing instrument, and acknowledged said instrument to be his/her free and voluntary act and deed and the free and voluntary act and deed of said corporation for the uses and purposes therein mentioned; and on oath stated that __ was authorized to execute the saiC instrument on behalf of said corporation. IN WITNESS WHEREOF I have hereunto set my hand and official seal the day and year first above written, (Print or stamp name of Notary) NOTARY PUBLIC in and for the State of Washington, residing at----------------- My appointment expires ___________ _ REPRESENTATIVE CAPACITY ACKNOWLEDGMENT STATE OF WASHINGTON ) ) ss COUNTY OF ) On this ____ day of ____ _ in and for the State of Washington. _ __ , 2007. before me, the undersigned. a Notary Public Culy -commissioned and sworn, personally appeared -------,---~----------Jrd ____________________ .to me known to be the individual(s) who signed as ----------------------of the thcit executed the within and foregoing instrument, and acknowledged said instrument to be his/her free and voluntar; act and deed and the free and vo!unt:iry act and deed of ______ -c--,-"C'C-for the uses and purposes therein mentioned: and on oath sta~ed tr'.Jt was authorized to execute the sa.1d instrument on behalf of said ________ _ IN WITNESS WHEREOF I have hereunto set my hand and official seal the day and year first above written. (Print or stamp name of Notary) I • I - - • ; ~~· Ellif,665 :l=~"t'.·~ ...., ,,li:lllll AFTER RECORDIHG MAIL fO Rob-er::. ?. Ott 71~ South 23rd St.ree: ~eri::.on, WA 980~5 Filed for Record at Request of I1'!:P£K:AL PACIFIC Esc~·;..r C:,=;;:ri!.tion Escrow Number: H29]!-l"J ,._ Nt 0, •t Statutory Warranty Deed Grantor(s): J.:ime5 L. Hunt Gr;uuee(s): Robert ?, Dt':, ~enee L. C~t Abbrtvialtld Legal: Ptn of '!"racL :s, ?'..i.t No. 2 of !..er.ton Co-Op Coal Co. Acre iracts, Vol 9/27 Acidmon.l.l lejj.l.l(s) on page: As~r's Tu Pare.el Numberfs;: 72:2cio '..:O?O-·Oe 1, nr?? 7 7t/Z/&tl 1 ......--TffEGRA.vl'n'k James L. ~~. a :1ir,gle po!r.son for and in ooniidcralion of T2.N D0LJJl5 AN:) O'!'!-;i:R c.ooo AND VA.l,l}AB!..C: CON5IDE:RATiot/ in ttarrd 1md, convey~ and w.urant5 to -~cb,..:. t P . Ott .i r.d Fle!'lee L. tm fs1llowi11g described rt:a.l ~1:ii~. rni.:.Jted m the County of King Jtt, hus~and and ~ife , ~tile of W.uhinglon: :-rac:: l':i, Plat No. 2 cf Re~tor. :=o~cperdt.!.ve Coa.:S a1cc:n-:1:..:1q tc the ?1.at therec: recc~ded K1n(] County, '"'ash.1.nqtor .. 1n vc.:.Ullle Comp,u::r's Act:~ Ti:ac:ts, 9 of Pia~3, page 27, 1n £x.::.:::r: Ctie i-le3t 70 feet :~.e:e.:-,; AN[: SX:-E~: the E<Dt l:'! ~e~~ •_;.e:»..:! ., B:, -----------"' -------------- STATEOF ih:"1tii:1gtori I ('(1un1:,; of Kicca0g __________ j S.S: I un:ify that I lrnow or ".n~ "'..i!11~fa..-1Jry ~~1denu that :Jc•cmc•c'c...:'c·....:"c"c·c=·'c... ________ _ '...5 tt.c person 11otx, appca:ed !:lefon: me. and WJd pcnon ;icknowledgcd th.iii he signed 1h15 irutrumcm and 1Climwledg~ i1 lo be ~free: and YOlumary act for the tllC5 and purposa men1ioned in UliJ irutrumcm ·J1.1n,1 in 10 le.{'"- Noiary Pu'bh~ in ~for !lie Stale of Wash1ngt.on R~idmg a1 j .I, tJI.t My appoinunenL e1pm:s: \ I / c I '--' "''' U'B ID I c; ·--------·--·--·---·-----------20070~0100021~.uu, 1 Return Address, C:ty Cierk\; OrUce City ofR~nton 1055 South G,ady 1Nay Reoton, WA 9805 :5 1111111111111111 1~0010s01004~z1s .-~ ~-~7 r~- TICOR NATIONA~ eAS ?Atle001 0~ 003 08/01/2007 10:42 KING CCUNTY, lilt:! 1'.a '2,::, 0 ) .;, -~---------- [ Title: UTILITIES EASE.i'\1Ei'iT Property Tax Parcel Number: 1 Z. 2. '2.00 -00Cl / i J Project File#: Strcci-l;:ersection or Project !'-Jame: j Reference Numhei·(s} ofDocumer.IS ass:gr:cd o: r~leased: Additional reference numbers are oa p:12,e __ I Grantor(s): Granree(s): I. Ei I.!: ,; D Ol-'-"' : . City :,f Renton, a Municipal Corpccatio~ / 2 . I IA.... ! .. A... r ~ 1 , The Gr:rntor, as name,j :!hove., for er and :n cun.si-::c:~::,:on ·)f :r:uiual be?:ef:rs, hereby gra.1ts, bargains. sells ;:'.l;".d delivc:, :~ , th::: Jbo11r; na.-ncd Gnntee. the foi;owing dcscdbec p.:r:;o,,al prc-p::ri_y now lc.cated at: Additional !ega! 1s Jn ;:,age-~ ! I of Cocumer.t. (Abbrevi.aud legaf desotptian. MV.Sr io here.; : / LEGAL DESCRIPT!O}ic . ' ' T.-fAT PORT!Of'.i OF" TPACT I~ o;:· THE PLAT .NO. 2. F~[NTON CO·-OP[PA Ti'IE CO.-=t ... C:01Yi.CANY·s ACRE TRACTS, ACCORDJ.!\J::; !O Td[ Pi~A T Ti-iEF!ECF .9E:O.AO[C !i\" 'IOLUlvJE 9 OF PLATS PAG£(S) 2 7, iN KING COUNTY, NAS'-IU'IG 'CN DESCRIBED AS FOLLOWS: , !HE ;\JQ.9T/-t LC -~~CT OF T:-!E '/!ES~ 70 FEET. -· -, 122200-00Gf l-07 '!!COR T\Ti..E: COMi"AN'f has pl8C&d this doellment ot recoro as a COIIOffl6I courtesY iil1d ~ no \labl'lity for the accurl:£Y or 9alidity o! tne document IRED 20070801000273.002 Tn;;t ::;aid G~a..""1to-1{::;), tOr ar.d in cor.siderar:c.'"? ::;tr:r.m.ial Or!nefus, do by these pr~sents, grant, bargaiit, sek convey, ar.d W'"lrrants u:1to ~h~ sa~d Gramet:, i::; :;JJcc~ssors and assigns. an easemc::lt for public utll;ties (mc:uding w2~c:r, wasrewater, artd si.:afac~ -.-~·3.tc) 'N:th ::...:cessary appurtenanc~s over, :.:r:.C-=:..-, throi.;gt, acr,:;~ i:!I;•j u~n rh~ follo·wing dc:sc:ibt"C propery (t.'le :lg:,:-cf-·.,,..ay) in King Co<1n()', \\l~sbingtor., more ~;rr;:icu!arly d~scribeJ or. page : . ( or if fu!l lega! :3 nor Jr. p~g~ '. --E:<h:bit A.) For th,; purpcst:: o:'ccr:.sC1.Jct' ... 1.g, recon.strucr:i1g, L,:sw.Hing, repairing. ~epiacing, enlarging, c,p~rating 1nd mair.tair::ing utilitii::s and :.ltifri:y pipelines, i:!".c:i.:.;ii-:.g, but not iimited to, water, sewer and swr::i d.ra:nag~ lm~s, tog~ther with the rig.1t ,Jr· i..11gress ar:.d egress merc;ta wlthc.ut prior institution of any SL':i~ or ~roce:cdi.r:gs of [a,,, and l),,i:hout hcurrir.g any legal obligario-n Oi :iab-iLr.: therefor_ Following th:! initial consrructio:i of its facil!tcs., Grante0 may from !i.--ne to time const:u.ct st:ch J-:::diticr.ai facliities as it may require. This easemem is grameC st:bjcct to :.h!: following :crr.1:s J~d ,;;ondirion.:,: '"::'ht! Gra;;t:!i! sl".all, upc:1 ~ompkti0r, of ar:::' .,,,.o,k ·..;i;-:-i,., t'.Je properry covered by tll.:-easern,n;, ;e:i:lor<: l~e s:Jr::icc: Jf thi: ,=asar.ent, :md ~)' ;:i,riYate impr>Jvc:w.:n:.:.. d1srur)c-d ~r destroyed durir::g execution of the .,.._-ork, 3S nearly as ;irJcticabi:: :o th:: -::-::ir.Cicic:; -:h~y wer.:: in i;r.mc;::l;,i:t:iy :.~fore ~m.r.cncemc=nt ,:,f ::ie wort<. er c:i.t..-:,• ·::,y •.r;-: Cr:tJ'.·~..::. G:amor shall r~t:i.i::i !h,; right lo ;,1sc ti:c s:...::f~c:: 0! ::!i:: i::~c:r:1:;:nt as !ong as su::::i 1,;se ::!ces net m:e..-::"ex witn t:~e e-a.s-::mc..-:: rig.1t.s granted to U1e Grar:[tt. Gr:im:or sh~! not, how::1,cr, have t.~I! cigtu w: ,L Erecc er :-na:ntain any Juilding.::; or :,:rucrn:.:~ w:,:1i,1 the -:aseme.~.:; or b Pia.'1t ~re;:-~;; . .:;hrubs or vegt:!atior.. ~·:ir.g dec,c :::i01 _;,at'!:cr.is which m:iy c;a.•.::;i: d11:r.:.:g::: :o 1~ im:.:::-:'.!r~ .,.,.,;:]) :ht ucilirics io ~i:! f)iaced wi1hin ~c :.a.~.::rr.::n, by :t:.-G:~t::c; or a Dt:vdcp, J.a:1d.::;cap.::, or beautify t.'l,; ~Js;;r:a.;;:r.! ..ir::::. :o any way w;-:ich would unreasor.:.1:b!:f :r:c:-:2.::>e :!1:: co~.--:s :c, the Gr1,:e-::: 0fres:oring ;,.1,e ';!asem..:=r.t art:-?. and ny p.riv1rc improvements 1hcrcir.. J. D!g, tunnei x p~-:Orm othe~ form:, -:if ::or:s:r...:c:.i on ac:ivities on the property whic.~ .vo:.iiC jist:g!) me :o:npactior, or :.mcarth Grar:tcc's fa.::.:i::ti:=$ or. the ~ight-of-way, or cndang:: tlie btc:a.l suvpcr:. fo,:;;li::i::s. ¥, Blas: w:t~:n 5:tt:en (15) feet ,Jf the r\;h1-,:,f .. ·,i,.·3/ Th:s casement shail rwn wirh the la.'1d descr:bca /;.:re,n, and shall be bmc!.bg :...pon !he ?a:1:i~s. tb:::i!' h~i.rs. su::ccs:;ors. in bter~s.r and ~sig..1s. Granters ;ovl.!~ai"lt :r.~t :hey are the !awfui own:!rs ofili<:: a Jove pro::,e:r:1~:; a.--:;:: :hat Chey have a. good and lawful right to e-X\.!"'.:;t.ne thi!'.i ag:--cement. B)" .his cor.veyan;:e, G:-:mt:r witl warrant a.r.J J,,::"e::id ~he sale hereby made u:ito the GranU:.! aiai..nst all a.nG e:very person or person.~, whomsoever, tawf--. .d!y :.::b'.r.1::1g ;:.r to claim the sa.>ne. This conveyance sha'.l :)ir;j :h~ i:..:irs, exi;:cu:cr:-.. a.Cmin;srra:ors and assigm fori:v-::r !>I \\/ITNESS W1-fEREOF. ~d Gr..1r:1cr ha-; ,a-.isc.:i t..l::; :~~:r. .. '!'l~nt -.o be -:xc:t:utc:C: ;;h:s. ___ dav ot ____ :w !:\?rojt:ct C;l}'),:or.:L..2.-\SEMi:.-..;·:-:::.;oi i.XX'. 20070801000278.0C3 :·~,:..-,-:;ORT!C/'1 OF -;., .. ::-j -·~ !.41£ PLAT ·'lC 2 F?ENTC1', ,-_;.::)-~F[PA r: ·.![ S(J .. :i .:.::.::,1.C:..~_,," S }~(...~[ r.t.:AC75. ACC·JRCii~ic re PR::;?OSL. -,,-_ :: ..,9_ :: 2:?. cc· SE"W[~ ~5._,:- ';:,-' 7222C00091 ,~-:JO, J WHE1' RECORDED RETURN TO: .NA..\!E: Robert & Renee Ott ADDRESS, 18020 SouL'1east 132"" St:eet CITY. STATE, ZIP Ren:on, WA 98059 IIIIIWIIIIIIIIII 20070910002188 TICOR NATIONAL EAS 44 00 PAGE001 OF 005 ' 09/10/2007 13:24 KING COUNTY, UA ~ TICORTITLE COMPANY 600 SW 39"' Street, Suite #100, Renton, Washington 98057 DOCU"IENT TITLE(s) TICOR TITLE W005312-1 EASEMENT AGREEMENT REFERF,,'ICE NUMBER(s) OF DOCUMENTSASSJGNED O)cl REtEASED: [l·~·\dditional numbt..TS on page _________ pftj~meht GRANTOl<(s): 1. Todd Kerwin 2. Renee L. Ott 3. Qadd:tional n~es o'.'.Jxi.ge ---·--of doc:n~cnt GRANTEE(s): L Roben P. Ott 2. Renee-L On 3. LEGAL DESCRIPTION_ Lot A: Tract 15, Plat #2 ofRente>ll,Co-Operative Co.al Company's Acres T,act, Vol 9/27. Lot B: Pm Lt 15, Plat #2 of Renton Co-Operative Coal Company'~ Acres Trac:, Vol 9/27 G) ASSESSOR'S PROPERTY TA .. X PARCEL ACCOUNT N&~ffiER(s):Lt A: 7222000090 & -Lt B: 7222000092 Oaddit'.onal tax ciccour.:s numbers is u:1 ;:i<13-C ___ of document . The Recorder will rely on the information provided on the forQ.l: . .The U3.ff will nQt read ~.lie document to verify the accuracy or completeness of the inde..-xing information provided herein,. · EASF:'v!FST AGREE\,ffiNT .nus Easement Agreement is entered into by ::1e undersigned owners of the foJ!o.,ing legally described real. properties, which are respectively referred to as ''Lot A" and "Lot B" (only for purposes of clarity in this Easement Agreement arid not for any other reason): Lot A Parcel#. 7222000090: Tract 15, Plat No. 2 of Renton Co-Operative Coal Company's Acre Tracts, according tQ. the Plat thereof recorded in Volwne 9 of Plats, page 27, in King Coumy, Vfashingt;:m; .EXCEPT the West 70 feet thereof; A.'ID EXCEPT the East 100 feet thereof Lot B P:ireel II 7::22000092: Tne E~ 100 feet of lot 15, Plat No. 2 of Renton Co- Operative Coal Company's Acre Tracts, as per Plat recorded in Vohome 9 of Plats, page 27, Records .. of King C<lUnty; Siruated in the city of Renton, County of King, Srate of Washington. Easement Lei:afDescription, . . THE NORTH 10 FEET OF THE EAST 100 FEET OF TRACT 15 OF THE PLAT NO. 2, RE:\ffO:'l CO-OPERATIVE CO."J:. COlvlP.~NY'S ACRE TRl,C'fS, ACCORDING TO THE PLAT THEREOF RECORDEi) IX VOLlJME 9 OF PLATS, PAGE(S) 27, IN KING COUNTY, WASHINGTON · (See artached map Exhibit A) Gran tors: Lot ~ is owned by Todd Kerwin and JuanitifGarrett Grantees: Lot A is ov.ned by Robert P, Ott and Renee L. Ott iogether as husband and wife . The parties.hereby agree as .follows: b) c) · "The Grantors ~~ants unto th.: Grantee~ its successors and assigns a ~torm water utilities easement across Lot B: Said easement shall be IO feet wide. The easement shall run along the ~orth boundary line of LorB, with tl1e west line of the easement being that same line that is the East boundaiy line ,of Lot A. Tne Grantors sha)fperrnit r~asonable access to Lot B for purposes of construction, installation, and maintenance ofthe.·easement and the utili!y lines therein. The Grantor shall retain t.'1e right to use the surface of the easement as long as such use does not interfere with the easement rights granted to the Grantee. Granter shall not have the right to: Erect or maintain any buildings or structu~~r w1thin the easement. '?f pl~t tr~s, shrubs or vegetation having deep root patterns which may cause damage to· or interfere with the utilities to be placed within the easement; Or, to devdop, land59ape; or.beautify the easement area in ai1y way which would unreasonably increase costs to the Grantee of restoririg the easement area and any private improvements therein; Or, to dig, runnel or perf"orm other forms of construction activities on the properry which would disturb the compaction· or tine.arth grantee's facilities on the nght-of-way, or endanger the lateral support facilities. in consideration the Grantee ;hall give to the Grant~rthe Pre-application documenrs frorn the City of Renton, a survey of \Villiams Avenue South showing calculated Tight,of-wi,y and located edge of improvements for foas:b1lity, and a drawing of a possibk1ayott for three lots upon execution of this Easement Agree:r:cnt. Page ! of 4 , d) .:This easement shall nm with tee l3nd described herein, and shall be binding upon the parties, their· heirs, successors in interest and assigns. Grantors covenant that they are the lawful owners of the above proper:y and that they have a good and lawfol right to execute this agre.ement. ··This agreement supersedes any other easement agreement between Robert P. and Renee L. Ott (Grantees) and Todd Kerwin and Juanita Gan·ett (Granters) The undersigned parties hers:by execute this agreement by and of their own accord, each having had the opponunity to consult legal counsel. .· · l>i \lv1ThESS THEREOF, .said Granter has caused thisinstrument to be executed this Lday of ~utj-r __ 2007. · · , _A~--r~ (\ TO~~n . · : ... 4< . . 1 ill1 r WuLt;~------·----_ ita Garrett 9/~10 Date· ~101 ( 07 , · · Date( • ... , ··, ff-7-07 Date q-1-07 Renee On Date Paga 2 of 4 ------· --------------------~ !ND!V!DUAI. !'Oi! .. vf OFACKNOWLEDGEJv!ENT STATE OF WASHll'iOTON ) SS COUNTY OF KI'\G ) l certify that.I. know or have satisfactoiy evidence that Tedd k'Yi.,<.J,1/1 ' {fi','d v~tJvr..ui.. K_U"t,,,J ,;,., signed this Instniment and acknowledged it to be hi~'her;their free and voluntary act for The uses ami'purp-0ses mentio~ed in the instrument. ·1xcbJy7A_ t. ~--- Notary Public in and f~ State of Washington Notary (Print) :· "1)03o 6,4-1-<-' /:.;4S ~ S7 My appointment expires: ·· 1---lr-"J-O ID Dated: -"--_ !J~ 2-/ -o 7. · · !ND!VIDU4L i·ORM OFACKNOWLHDGJw!ENT STATE OF WASHl:S:GTON ) SS .· eOl.)NTY OF Kl'\G ) . .· . .· . I certify that I '-'TlOW or have satisfoctoiy evidence that _t66(..,1 / ___h__ DHIRAJ THAKORlAlfri NOTARY PUBLIC . STATE OF WASHINGTON C0MM1SS:0N E>P1R0ES ··· · · ' AUGUST 19, 2009 ~--f !J,f'f' signed this 'ument and acknowledged it to be hislhe@'free and voluntary ad for .-uses and purposes mentioned in the instrument. rr1 Notary (Print) My appointment expires: --~~..!...!.......:;_,:..L...--''c--------- Dated _ 9, 1-: 7-~_L~---~---~---- Pag·e 3 of 4 EXHIBIT "A" LEGAL DESCRIPTION THE NORTH 10 FffJ .. OF THE EAST 100 FE:ET CF TRACT 15 OF . THE Pl,:T NO 2. IUNTCN CO-OPE:RAT!VE COAL COMPANY'S ACRE Tl?AGTS, ACCORQING TO n,£ PcAT THEREOF RECORO[O IN VOL_iJM[ _f; OF-Pl.,t, TS, PAGE(S)' 2 7, is-.J lfiNG COUNTY, WASHINGTON; ---r----..c..-.;...._ f.iOlfJ./st LINC OF' TRAC(·7·5 t ~------JI I . ·f· i RROPOSEO IO' .J_ ;;;Rl'IA T[ ORM/AGE .ESMT -. - ,~ :·, :_~· ~~ ':·, :' . ,, .. 72220CJQQ9Z 700.00' GRAPHIC SCALE lil 20 ~ "'' ( !); FE:ET ) inch -20 n. Page~ of4 I I w:HEK RECORDED RETURN TO: NA~E: .Robert & Renee Ott ADDRESS: 18020 Southeast 132'' Street CITY, STATE, ZIP Renton, WA 98059 ~ TICORTlTLE COMPANY 11111111~1111111 20070910002187 TICOR NATIONAL EAS 43 00 PAGE00! OF 004 . 0'3/10/2007 15:Z4 KING COUNTY, UR 600 SW 39th Street, Suite #100. Renton, Washington 98057 TICOR TITLE DOCUMENT TITLE(s) W005312-1 EASEMENT AGREEMENT REFERE"1CE :"IID!BER(s) OF DOCUl\IENTS ASSIGNED OR RELEASED: O·Adilitional :1.umbcrs on ;:ulg¢ ___ _ --~of qOcame:lt GR-\NTOR(s): . l. Robert P. Ott 2. Re~ce L. Ot: 3i OaCdici,)nJ.i n~cs un pagi: ____ of Jocur.1ent GRANTEE(sj. l. L:n LU'J 2. Elvis Doan · 3. :JadCition~ na~cs.ori page·--~-of Jocur.ient LEGAL DESCRI~IJON . . TICOR TITI.E' 00!,i!'ANY has placed thll doQlment of racord as a custcmel' cowtsay a11d 8a'spla no ~ for too aOOJra,.i' or vaRdlty of \'l'-.9 ·doc001a-m Lot A: Tract 15, Plat #2 of Renton Co-Operative Coal"Company's Acres Tract, Vol 9/27. Lot B: Ptn Le 15, Plat #2 of Renton Co-Opern,ive Coal Company's Acres Tract, Vol 9/27 ASSESSOR'S PROPERTY TAX PARCEL ACCOUN'f NU}IBER(s):Lt A: 7222000090 & Lt B: 7222000091 Caddi:ional tax accounts !1umbcrs is en '.)age ___ of document . The Recorder will rely on the informatfon provided un the form._ The staff will not read thee documcot to verify the accuracy or complctcneS5 of the indexiug inform:ltion provided _herein. · · EASEtvfE:,tr AGREEMENT ThisEasement Agreement is entered into by the undersigned owners of the following legally described real propenies, which are respectively referred to as "Lot A" and "Lot B" ( only for purposes ofclarity in this Easement Agreement and not for any other reason): . . Lot A: Tract 15, Plat >!o 2 of Renton Co-Operative Coal Company's Acre Tracts, .according to the Plat thereof recorded in Volumi;: 9 of Plats, page 27, in King County, Washington; ... EXCEPT the West 70 feet thereof; A,'ID EXCEPT the East lOOfeet thereof. Lot B: The West 70 feet of Lot(s).15, Plat Number 2 of Renton Co- OperativeCo.al Company's Acre Tracts, according to the plat thereof recorded in Volume 9 of Plats, page(s) 27, in King co·unty, Washington. Lot A is owned by Robert P. Ott and Renee L. Ott together as husband ar:d wifs:: ("Ott"). Lot B is owned by Lin Luu and Elvis Doan ("LuwDoan''). The partieshereby agree as follows: L Ott grants to Luu/Doan an easement on and a~ross Lot A fodilgress to arid egress from Lot B. (See attached map Exhibit ·'A") · · a. Said easement shall be 26 feet ,,ide ir.cluding a paved r()ad being 20 feet wide, leaving approximate])' 3 feet unpaved or, each side of said easemeni.· b. The easement shall run along the west boundary line of Lot A, with the west line of the easement being ¢at same line that is the west boundary line of Lot A c:. Luu/Doan, and/or their successors, shall be responsible for one third of the maintenance cosCof said easement in ·accordance with applicable laws, codes, and commercially reasonable standards. d. The owner(s) of Lot A shall peroit reasonable access to L-Ot A for purposes of paving and maintaining the easement The undersigned parties hereby execute this agreement by and of their own accord, each having had the opportunity to consult legal. counsel ~"')-{)"l ... Date uffJ::}a _f1~-------re~ ~c:i.dl6 <3,-\"-J-C1 ·. Date .LJ-oz Date ?L:l-07 Renee Ott Date Page 1 of3 ~ DHIRAJ THAKORLAL . 'I NOTARY PUBLIC \.·.j. STATE OF WASHINGTON ~ COM1,~$SICN :Xf''RES •l AUGUST 19. 2009 INDIVIDU4L FORM OFACKNOWLEDG&VENT STATE OF WASHf'.!GTON ) SS COUNTY OF KlNG ) I .certify tliat l know or have satisfactory evidence that _______ _ (L.Vl~ DOF.-N ,4-,v,;i L;N Lu..u_ signed this Instrument and acknowledged it to be his/her@-free and voluntruy act for The tis.es and purposes mentio!Jed in the instrument. ~~·''11~~'0°::••,••.; . . . . ,...,, 'l,. i~NE' """" flt'...... ...... o .. .i; t .···ccM1,1."··. o ~ .. $ ~ ... NO:,-~+\Y':. ... . ,.., ,().. . .. . ~. . : IND!VJDUAL FOR.H OFACK"IOWLEDG!:.Mi:.'NT STATE OF W.1-SHINGTON ) SS COUNTY OF KING ) . I certify that l know or have satisfactory ¢oidence that Af'tld/,;e';-/ /ft>'O _'--.4~tftl~t~. t::::__,J~··--,-=t_:_r_:_-r-:---:-;--:-,-,-;,--.,,,-=--,--:--'igned this Instrument and acknowledged it to be his/her err ·cc and voluntary act for The uses and urposcs mentioned in the instrument. Page 2 ofJ EXHIBIT "A" LEGAL DESCRIPTION 1riAT PORnON OF TRACT 15 OF THE: PLAT NO. 2, RENTON CO-OP[RAT/'lf.: COAL CO.'JPANY'S ACRf. !RAC TS, ACCOROl,'iG TO TH£ PLAT T/!£RE:OF Rf.cORDW !N .YOWi.if 9 CF PLATS, PACes) 27, IN KfNG COUNTY, WASHfNGTON DE:SC,Rif3fD AS .rni.cOWS: . THE: SOVTH 20 Ff.E:t OF TH£ NOR,h 108 FEET OF THE fAST 56.83 FffT or T'rl£ WEST 125.83 .F'ffT·ANO TH[ EAST 26 FffT OF TH£ WEST 96 FffT LYING S0;,JTH£F/L Y OF T.'-1[ NOP TH I 08 · FEET. NORTH LINE CF TRACT 15 -r------. ----,-----' .~ I r-1' I \"'" ,, ... ;,, ..... ' 1 'f,K'' _j . .J .. LOT 3 V I ' ' I s. <c 108.00 I f r LOT2 . r / [. UtJI:: OF '/ · PROAOSF:D --,---.....;· l LO.T 2 t-----56.BJ' t---+--'---l f. LJNt OF W. 126.83'. · .. t I ~ ,n " t:5 _Q 7' ---;-~"- s. LIN[ OF.,) PF?OPDSED LOT 2 l \', ·t~ -'· w 20' PRJ./A IE ACC£SS [s,;;, LOT 1 . ·. S. UN£ OF PROPOSE:D LOT J -.. -----. --.----- -------f--'-' 26' ."RIV> Tc ACCESS ~SMt_ SOUTH LINE OF TRACT 16 ----- 23RD. ST. GRAPHIC SCALE W C 10 W ~·.g)~ Page 3 of3 ( IN FEE'!' ) inch ~ 20 I'· •. TICOR TITLE COMPANY 600 SW 39th Street, Ste 100, Renton, WA 98055 (425)255-7575 FAX (425)255-0285 Toll Free Number: 1-800-215-8404 COMMITMENT FOR TITLE INSURANCE NO. 6373570-1 Der INQUIRIES SHOULD BE MADE TO: UNIT 1 (425)255-7472 Donna Roetter Arlene Naputi Unit1.Renton@TicorTitle.com Effective Date: June 19, 2006 at 08:00 AM 1. Policy or policies to be issued: 1992 AL TA Owner's Policy Coverage: Homeowner's Liability: $ 0.00 SCHEDULE A Premium: $ 0.00 TO FOLLOW Tax: $ 0.00 Proposed Insured: TO FOLLOW Customer Reference: Ott! If ALTA Standard Coverage Policy is preferred, please contact the title unit. The reduced premium for a Standard Coverage Policy is to be determined. 1992 AL TA Loan Policy Coverage: Extended Liability: $ 0.00 Premium: $ 0.00 TO FOLLOW Tax: $ 0.00 Proposed Insured: TO FOLLOW 2. The estate or interest in the land described or referred to in this commitment and covered herein is a Fee Simple. 3. TICOR TITLE COMPANY agrees to issue on request and on recording of appropriate documents, its policy or policies as applied for, with coverage as indicated, based on the preliminary commitment; title to the property described herein is vested, on the date shown above, in: Robert P. Ott and Renee L. Ott, husband and wife subject only to the exceptions shown herein and to the terms, conditions, and exceptions contained in the policy form. 4. The land referred to in this Commitment is described as follows: SEE SCHEDULE A CONTINUED Commitment Schedule A Commitment No. 6373570-1 LEGAL DESCRIPTION SCHEDULE A CONTINUED The land referred to in this Commitment is described as follows: Tract 15, Plat No. 2, Renton Co-Operative Coal Company's Acre Tracts, according to the plat thereof recorded in Volume 9 of Plats, page(s) 27. in King County, Washington; EXCEPT the west 70 feet thereof; AND EXCEPT the east 100 feet thereof. Commitment No. 6373570-1 SCHEDULE B Schedule B of the pol icy or policies to be issued will contain exceptions to the fol lowing matters unless the same are disposed of to the satisfaction of the Company: GENERAL EXCEPTIONS: A. Rights or claims disclosed only by possession, or claimed possession, of the premises. 8. Encroachments and questions of location, boundary and area disclosed only by inspection of the premises or by survey. C. Easements, prescriptive rights, righls-of-way, streets, roads, alleys or highways not disclosed by the public records. D. Any lien, or right to a lien, for contributions to employee benefit funds, or for state workers' compensation, or for services, labor. or material heretofore or hereafter furnished, all as imposed by law, and not shown by the public records. E. Taxes or special assessments which are not yet payable or which are not shown as existing liens by the public records. F. Any service, installation, connection, maintenance, tap, capacity or construction charges for sewer, water, electricity, natural gas or other utilities, or garbage collection and disposal. G. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof. H. Indian tribal codes or regulations, Indian treaty or aboriginal rights, including easements or equitable servitudes. I. Water rights, claims or title to water. J. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this commitment. SPECIAL EXCEPTIONS: 1. DEED OF TRUST, AND THE TERMS AND CONDITIONS THEREOF: GRANTOR: TRUSTEE: BENEFICIARY: ADDRESS: LOAN NO.: AMOUNT: DATED: RECORDED: RECORDING NO.: Robert P. Ott and Renee L. Ott, husband and wife Chicago Title Insurance Company GreenPoint Mortgage Funding, Inc. 100 Wood Hollow Drive, Novato, CA 94945 Not disclosed $21,500.00 December 17, 2002 December 23, 2002 20021223002590 THE BENEFICIAL INTEREST OF SAID DEED OF TRUST HAS BEEN ASSIGNED: TO: ADDRESS: RECORDING NO.: Morequity 600 N. Royal Avenue, Evansville, IN 47715 20030930003050 SAID DEED OF TRUST HAS BEEN SUBORDINATED BY INSTRUMENT: BY AGREEMENT DATED: RECORDED:: RECORDING NUMBER: September 22, 2003 September 30, 2003 20030930003051 The above Deed of Trust was made subordinate to the Deed of Trust recorded under Recording Number(s) 20030930003049. Commitment Schedule B Commitment No. 6373570-1 SCHEDULE B ( Continued) 2. DEED OF TRUST, AND THE TERMS AND CONDITIONS THEREOF: GRANTOR: Robert P. Ott and Renee L. Ott, husband and wife TRUSTEE: Chicago Title Insurance Company BENEFICIARY: Mortgage Electronic Registration Systems, Inc., solely as nominee for GreenPoint Mortgage Funding, Inc. ADDRESS: PO Box 2026, Flint, Ml 48501-2026 LOAN NO.: Not disclosed AMOUNT: $172,000.00 DATED: September 24, 2003 RECORDED: September 30, 2003 RECORDING NO.: 20030930003049 3. JUDGMENT: AGAINST: IN FAVOR OF: AMOUNT: ENTERED: KING COUNTY Robert Ott HSC Real Estate Inc $1,855.80 April 29, 2003 JUDGMENT NUMBER: 03-9-06133'1 SUPERIOR COURT CAUSE NUMBER: ATIORNEYFOR 03°2-23981-0 JUDGMENT CREDITOR: Joseph Doyle Puckett The effect of said matter(s) depends upon the identity of the debtor. Please have the confidential information statement(s) attached to this Commitment completed and returned to this office at least three days prior to close in order for the company to make a final determination as to the effect of said matters. 4. General property taxes and special district charges, as follows, together with interest, penalty and statutory foreclosure costs, if any, after delinquency: (1st half delinquent on May 1st; 2nd ha/{ delinquent on November 1st) Total Taxes for Year 2006 Amount Billed: $1,953.86 Amount Paid: $976.93 Amount Due: $976.93 Tax Account Number: 722200-0090-08 Levy Code: 2110 Current Assessed Value: Land: $120,000.00 Improvements: $42,000.00 END OF SPECIAL EXCEPTIONS NOTES: A. The language contained in the printed Exceptions from coverage and Conditions and Stipulations of the Policy committed for may be examined by inquiry at the office which issued the Commitment, and a specimen copy of the insurance Policy Form(s) referred to in this Commitment will be furnished promptly upon request. Commitment Schedule 8 Commitment No. 6373570-1 SCHEDULE B (Continued) B. Investigation should be made to determine if there are any service, installation, maintenance, or connection charges for sewer, water, electricity or Metro Sewer Treatment Capacity Charge. C. In the event the transaction fails 1o close and this commitment is cancelled, a fee will be charged to comply with the State Insurance Code and the filed schedule of this Company. D. There have been no conveyances of record within the last 24 months other than the deed through which title is claimed. E. Abbreviated Legal for purposes of King County Recorders Office is: Pin Tract 15, Plat No. 2, Renton Co-Op Coal Co's Acre Tracts, Vol 9/17. F. The records of King County and/or our inspection indicate that the address of the improvement located on said land is: 710 South 23rd Street Renton, WA 98055 A Single Family Residence According to the King County Tax Rolls the dwelling was built in 1940. bm/ga/06/23/2006 .. END OF SCHEDULE B Commitment Schedule B Commitment No. 6373570-1 COMMITMENT FOR TITLE INSURANCE TICOR TITLE COMPANY, a California corporation, by TICOR TITLE COMPANY, a Washington corporation, its authorized agent, herein called the Company, for a valuable consideration, hereby commits to issue the policy or policies of title insurance, as identified in Schedule A, in favor of the proposed insured named in Schedule A, as owner or mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule A, upon payment of the premiums and charges therefor; all subject to the provisions of Schedules A and Band to the Conditions and Stipulations hereof. This Commitment shall be effective only when the identity of the proposed insured and the amount of the policy or policies committed have been inserted in Schedule A hereof by the Company, either at the time of the issuance of this Commitment or by subsequent endorsement. This Commitment is preliminary to the issuance of such policy or policies of title insurance and all liability and obligations hereunder shall cease and terminate one hundred eighty (180) days after the effective date hereof or when the policy or policies committed for shall issue, whichever first occurs, provided that the failure to issue such policy or policies is not the fault of the Company. .. TICOR TITLE COMPANY By ¢{/,.$_~ Authorized Signatory~ 33 55.8 ,, o" ~ ,.,_.,. 25 1. 025 AC 27000,P Ol40 ,eo ' 2e 1.270 3i0!50'111 OKe S23RD61 f----- o" '" '!,,~rf) "o' o' 10 21 i ,002 AC o" 4{o ,,, i9B5i s i.379 ' 2-4,4. 7 --,1 Ol20 012\ ~4f---_;,--.J.--~~<:;:. s:_z_ao __ _.,~s~1.;. S;i3/....-.i,;-.~5;1;SU· 41,l7J_ ___ -------289' 78 ---------------e-- ~ r I 0 20 I "N l 000 'f -· i9667 SF Olli! 75 1'.0.2<10393 0 V TCO !7-1217 AC I I 11 0 .fl 7 AC I END OF &' SOUTH,,,,, SEATTO >\ I :':l.20 AC 139573 SF ooro 2 .2 1.211 AC LATERA 007! 1 .l--l-t------~--~f-~ ,1~--;~! ___ -------v+-i--rlH " ~ " ~ ~ RELINOU1SMMENT T COUNTY o I l'------....,_~1~e1101)"'l.,,.--------r1~------...;1~20:.:u..:..------·:J J # ' ,{},';' l ~ i 0\0 ' t----,~----r----r1!"'--f-T-------------------.?.'.!U_s_ ________________ -J I ~'It~~! f o I , , I I I l I I !i I , ·l I i 3225~ SF I O. 987 A i 13 : \ I I ona oon J 1!1".'.--'rl~---1!"m"'1'1"5'1s"e:-~'l'l:'--~l+--------:.2a•-..'.;':...------4-! o" •" ifo ~~ 'l~cq;16 >""o 0 i . .150 AC OO!IO 0002 71-:11-5-332 ~ ~ m ~ w 0 0 m I I 1 7 1 I I I I ' t 70. 70. 0 M a7-.m Thisskfllch ,forlhe purposeofailowingl !l13 °p?rc::lf!'.sJa general l<Jcation of the I premm Wililout actual SUM<f ~nd l T,cor Title aasumes no fiabui\y in 1 ----------------- connedioo with 111& samli. _J _____________ _] - - • • 1 J 1,. __ Officer: l Order: 6373570 Comment: E!&m5 •?!.P'" ... ,.,11,41 ktlU( COUlfTY, WA JN .. li:.SZ:!I AFTER RECORDING MAIL TO: RoDert P. Ott 710 South 23rd Street Flcenton,. WA. 98055 Filed for Record 11r Reque:s.1 of IMPERIAL PACIFIC Escrow Corporation Escrow NuTDbcr: I:4293!'-fJ ,..,.. .... Of'" -1 Statutory Warranty Deed Gnancor(s): James L. Hunt Grantce(s): Robe.z:-C p_ Ott, Renee L. Ott Abbreviated Legal: Ptn of Tract. 15, Plat No. 2 of Renton Co-Op Coal Co. A.ere T.racts, Vol. 9/27 Additionit.l le~al(s} on page: As.scssor'& Tax Pan:el Number{5): 722200-0090-08 ~:t£&1il~f/llW.-~~. a $i:•gle person 0- for and in consideration of TEN DOLLARS AND OTF.E:R GOOD AND VALUABLE CONSIDERATION :in hand paid, conveys and wunnts 1.0 Robert P. Ott and Renee the following de.scribed real t::!1la1c, situated in the: Coun1y of K.i.ng Tract 15, PJat No. 2 of .Renton Ca-Oper.eitive Coal acc:ording to the Plat thereof recorded in Vol.\.lSTle Kj.n9 C:Ol.lnty. Wash:i:ngton; L. Ott, hUC"Jband and w.ife • !:tace of Washington: EXCEPT the We:,.t 70 feet. thereof; AND EXCEPT the Ea..5t roo fer,:t:. thereof_ By STATE OF w.,,shington County of Kin,_,,gc_ _______ _ SS: Company's Acre T.t:ac:t.-.,. 9 of Plats,. p~gc 27, in J certify 1h~ I know or have sacisfacrory t:vide:nce that ;":..=•cmc•c•:_aLc·:._cHcucn::..:t ___________ _ i .s tht: person ___ wbo ;a~ bc:forc me, and said. pen.on ___ K:knowlcdgod 11..hal 0hce:._ __ _ signed this ins1rurncn1 and acknowledge it to be his free an<1 volun~· -.cl for the uses and purposc.s men1l0ned in this instrument. Da1ed: .Tuly',1999 LPB-IO •111•• 1111 7111 , • .... Provided by Data Trace System ,_5 Page I of I 1,.., Officer: I Order: 6373570 Comment: KING,WA G R£€N 'f DJ f{ T LOV W OCD ttiJLLoW b I? NOVA.TO) CL\ 1+91:5 1111111111111111 20021223002590 CHICAGO TITLE DT 26 80 PAGE ee1 OF 088 12/23/2802 t~:37 KING COUNTY I UA Document TJtiC($) DEED OF TRUST Grantor(s)Rc:t~rt P Ott and Renee L Ott ________._C'H--±1f t Wi8l l 3 ~ I Grantco(s)GreaDPoiot M9;ct.9~e Fun.fl:!-!'.!L. :me @ Leg.a.I Dcscnpuon PTN TRACT 15, VOLOME 2., OF PLATS, PAQJ:~-'---------D As$c:ssor's Property Ta:i: Parcel o-Accoum Number }l:2200-009,•c-,o,, ____ _ Rcfcrcn<:c Numbers of Doeumcr.:s Assigned or Rd=cd ---Shltt or w~1bJA.i:lon -------- DEED OF TRUST (With Future Advan(cCJause) DATE AND PARTIES The date ofth1s Dcc\l of Trost (Sccunty lnsll'\lmcnl) is oacmnber 17 2002 ____ and the parties, their addresses and tax 1dcnt1ficat1on oom~l"5, 1frcqLJ1rod, Qro as foltows GRANTOR Robert P Ott B.lld Renee L Ott, Bu.sba.rid a1::1d Wife 0 I( chcdtcd, refer 10 1hc otrnchod Adck:ndum mc-0rporatcd hcrom, for add1nonal Gnmtors, their ~gnaturcs-and acknowlccigmcn!s TRUSTEE CHICAGO TITLE INSUAAN<.--'E COMPANY 10500 NE 8Ta STREET SUI~E 1760, CHICAGO TITLE INSURANCE BELLEVUE', was~ington 98004 L[NDER GreenPoint. Mo:::-tgage Fundi.ng, Inc 100 Wood Hollow Drive Novato, Call.forn:i.,o 9494.5 2 CONVEYANCE For _good and vah1ablc cormdcration, the TCct!p! and sufficiency of whteh IS acknowledged, and to sceurc the Scct1rcd Ikbt (defined below) and Granlor's pcrformanct: unda tlus Sccuncy Instrument, Oran1or ,rrcvocijbly grants, conveys BOO sells to Trustee, m trust for the benefit of Lcodcr, with power of sak, inc following d;;~rit>cd property TRACT l5, PLAT NO, ::l, RENTON CO-OPERJI.TlVE COAL COMPANY'S ACRE TRACTS, ACCORDING TO 'l'HE PLAT THEREOF RECORD:E:D IN VOLtn,!E 9 DF PLATS, PAGE{S) 27, DI :l:INQ cotm"tY, WASSINCTON, EXCEPT TRE WEST 70 FE'ET TBEREOF, AND EXCEPT THE :&AST 100 FEET THEREOF. The property is located 11'1 e<s,e"~---------"---------- (C~unly) 710 Soutb. 23rd Street , .RentOll -----' Wa:shrng!Dn 98055 (Ad4rm) (C~yJ (Zlr CIMlo) l!MINIIG-TON -EQUITl' Ult£ OF C.\EOIT orrt Of Tlt!Sl jNOT FOi\ ~I/\IA HIUIC ~,u, OR YA l!r;E MOl fD/l LJS! W,'IH PR()PfRTr JJS"ED ~OA MiAl<:IJl.1~R"l PURP~tSI (,1.-•11o-,;,.... ...... $1 ¢lo .. M.o ,o,~CCPRfOl"''" l~li~! @:ti C-46S(WA) (1"1)01 lJllAQ-Tlpl'l.!PMO~TGMiE>ORMS !Rl)Sl11i11 Document: IDD 2002.1223002590 IOlltlJ'NJ076Qt9?1l Printed on 6/22/2006 9:35:28 AM Provided by Data Trace System Page 1 of 8 T1. fficer: l Order: 6373570 Comment: Togc1hcr wnh nil ngh1s, cascmcnlt, appuro:cnnnccs, royaltic.s, nuncral nghll., 011 and 8n nghis, all water and r,pan.an nghls, dilchc.1, and wa1ct Stock and all c;u~IDS and future 1mprovcmcnts.. structurc:5, fiicturcs, and replacements 1ha1 may now, or at .1ny lime m foe future, be p831 of the ~I ~c descnbod a.hove (all referred 10 as ~Propcrt)·") MAXIMUM OBLIGATION LIMIT The total prmc:1pal amounl secured by U11s Sccunty lnslrumcnt at any one 11me shaU oot exa:cd S~.L2_£U)_ o o This hmrtanO!l of am()Ullt docs not mcludc mtt:.rcst and 01hcr fo::s mid charge5 v~bdly made pumiint 'lo this Security lostrumcnt Also, this hm11al1on docs not appl)' to advances madl, under the terms of I/us Sceumy ln;trumi:nt to prolCCt Lender's security and to perform :my oft11c covcnao1s rontamcd rn thls.Sccunry Instrument SECURED D[BT AND FUTL'RE ADVANCES The tcnn "Sccurcd Debt~ lS def med .as follows A Debt incurred under the tcm,.s of ~I! promissory nolc(s}, contract(s), g.uarnDty{s) or other evidence of debt described below and all lhcir extensions, renewals, modrfo:abons or substnuhons (Yqu must SJMCificaJly 1drm1ify 1he debl(s) secured and yt'IU should mdude the final m11tunty date of such debt(s)) Home Elj-u1tylm~ of Credit /\grHmcnt Daced 12/17/2002 MacuntyDaic Janu11ry· 1, 2t}l8 B All future .&dVllntcs from Lender lo Gra;itor or other fulutc e>bl1ganons of Grantoi lo Leeder unc!cr any promissory no1c, con1rac1, gua;anty, or other evidence of dcbl c:itceutcd by Gnintor in fovQr of Lcndc:r exccu1cd after this Sccunly hmumcnt whether or not this Scc.unty Instrument 1s specificnlty rcfcrcrux:d lf F.Jocc than one person signs this Soc:unty Jnstrumi;:nt, each Granter &b'TCCS 11.at this Sccunty lnslfl.lrrlent will secure all future adYaticc:s :and future Qbliga11on$ tha1 arc given lo or 1nc1,1rrct by any ooc or more Grantor, or any one or more Grantor and others All foturc advances end Olhcr forurc o:ll,g,nuons ar<: sci:Uit:d by this Sccunly lnstl1Jfl'\Cflt even tho11gh all or part may n01 ~ be advanced All fu1mc advances and other ruwrc obligatiocs art: secured as 1f made on 1hc date of th1~ Security lnstrumcnT No1hmi; m this Scctinty Instrument shall consunnc a comrmtmc111 to milkc ~dd1tinnal or futll"C Joans or advancc.s 10 any amount Any such commitment must be agreed to m a separate wnting C All otbcr obhgat:lons Granto~ owes lo Lcnckr, wtuch may later amc, 10 the cx1cnt n01 probtl:>1tcd by Jaw, mcludm.g, bui nol limned to, l111b1IJ1.Jes for overdraft:. rolaling to any dcpo:.it account agreement bc1we>cm Gr.int or an<l Lender D All add1honal sums advar.ccd nnd expenses mcurrcd by Lender for msunng, pl"CSCl'ving or otherwise protce1mg tile ?rope;ry 11nd its value and any other sums ~dvaJ1ccd and expenses mcum::d by Lender \Ind er the tcnn.; of this Security lnstrumcnt In tile C\TC?lt that Lender fa.ls to provide nr,y nc,ccs~ry notice of the nght of resc1ss1on with respect lo nny add111on.al mdcbledncss secured 11ndcr paragrapl: B of thJ.S Scelion, Lender wa1ve5 any subscq11o;r'il S¢Ct1m)' interest m the Granter's pr111c1i:al dwell mg 1h11t is created by this Scc;unty lnstrumcn! (Out docs not waive the sccurny in1cr<:st for the debts ;,:;fcrcn::ed m par.i.gra"Ph A ofthJS SccL1on) 5 DEED OF TRUST COVENANTS Gr.1:i1or ~grccs thet 1hc covenants m th.is scct10n :ire ma1cn11l obhget10I1s under the Secured Debt a:id lh1s Security Instrument If Grantor breaches any cOY()nant rn this SCCIIWI, Lender may rcfi.sc to mukc ndda,onnl CJttcns1ons of crcdl! and rcdttec the cred1r )lm11 By not C1tcrc1smg cttller remedy on Grantor's breach, l.cndcr docs not waive Lender's nghl to later wns1dcr the cvenl a breach tf11 happens agam Payments Graotor 1.i;:recs !hat all payments under the Sccun::d Debt WIii be pz,1d when due :and 1n acco1dancc w11h the terms oft he Sr:curcd ~bt and this Sctuniy Instrumcn1 Pnor Scc1mty 1Dtcrest$ With regard to an>' other mortgage, dcod of trust, sccunty agrct:rncnt or other hen document that created a prior security mlcr-:sl or encumbrance on 1hc J>ropcrty, Grall10f agrees to make all pnymcms when due rind lo perform or comply with 111! covcn:,rits Grantor also ogyccs not to n\Jow any mod1ficat1011 or cic:lcns1on of, nor to r::,qucst nny futuic advances under any note or og:recmcnt secured by lhc hen documcnt w11houi Lender's pr1oc wnncn approval Oaims Agamst Title Grantor wrll pay all 1axc.,, assessments, hens, encumbrances, lease payments, grol.ffld rents, llt1l1t1cs, and other cha,gcs rclu1,ng to the Property when due Lender may requrrc Grantor to provide to Lender copies of all noti-c.cs chat such amounts arc due and !be rccc1plS evidencing Gran1or'~ p3ymcnt Granlor will defend 11tlc 10 tht Prcpcrty against any clamis Iha! wculd rmP3ir 1hc lien oftb1s Sccunty lnstrumCllt GraolO!" agree:; to Jss,gn to Lender, ns requested by Lc;,ndcr, any ngllts, cktl!Tts or defenses Grantor may b3YC og,.nnsl par1,~, who supply labiir or matcrJUS 10 mamlam or 11nprovc lhc Property r, 1ill4 a.ru ... ~ .......... "'' 5( Clo•• I<~ ~ .. ., OCP J\cDT WA '~·'"" ~-CU~(WA) (991hf02 UUAQ-!2F" KING,WA Document: IDD 2002.1223002590 Printed on 6/22/2006 9:35:29 AM Provided by Data Trace System IOOOIJ&Ol\176111'713 Page 2 of8 "1 Jfficer: I Order: 6373570 Comment Property Cond1hon., Alt~ru1on1 anrl Inspection Gn.mor will kocp the Property m good oondn,on :and mo.kc all repairs that arc reasonably ncccss.iry Gr;inlor shall not commit or allow any waste. 1mp;unnco1, or dctcnoranon of the Property Gran tor agrees that the nature of the occt1pancy and use will nOt 1Nbsiant1ally change w,1houl Lender's prior wmten consc-nr Grantor w1!1 not pcnnn any change-many IICCllSe, rcstnct,ve covenant or ca.sr::mcnt wuhoul U:och::r's pnor wntteti COl15Cllt Granlor will 0011fy Lender of all demands, proceedings, claims, and actions: ag.imsl Gran1or, and of any loss or damage to th<: Property Lender or LcD<lcr's egento ma:,,·, at Lender's op11on, enlcr Ulc Propcrty 111 any reas:ooablc umc for the purpose of ms.pcCtJng 1hc Prop~rty Lcndc1 shall grvc Gramor notice at the 1rme of or before: an mspccilOn spccifymg a n:awnablc porposc for 1hc 1nspcc110n Any mspcctlOn of the Property shall be cntucly for Lender's benefit anC Gr.i.ntor w1Jl m no way rely on Lender's mspcc11oa A-uthonty to PcrfonD lf Grantor fails 10 perform any duty Dr any of 1bc covcnanl~ conlamcd m tblS Sccunty instrument, Lender rnay, without nonce, pcrfo:rm or calUC them 10 bc performed Grantor appoints Lender as attorney m fact 10 51gn Grantor's Dame or pay any amoLJnt necessary for pcrformancc Lender's ngh! to perform for Grarrtor shall nl'.>I create ao obhga1ton to pctfonn, and Lender's fo1lurc k1 perform will not preclude Lender from excrc,smg any of Lender's otbcr ngh1s under the law or thts Sccunty Jnstn:mc-nt Leaseholds, CondOBU.mllms, Planned Um! :Dtvelopmeots Grantor tgrccs 'lo comply with the proV1s1ons of any lcas-c 1f 1hu Sccunl)' lnstrumcnt 1.1, on a lc:asehold lf1hc Property includes .:i. unit m a condomm1um or a plaruicd \JD\! dc11elopmcn1, Or.aintor will pcrf= Ill! of Grantor's duties under the covenants, by-laws, or rcgulatrnns of the condomm1um or pl.mncd umL ckvclopmcnt Coodcmnation Gran1or woll give Lender prompt noucc of :my pendmg or 1hrcatened 11ct10n, by pnvate or public entmes to purchase or lake any or ~11 of the Property through condcmnat1on, cm1ncn1 dom1nn, or any 01hcr means Grgnrnr au1honzcs Lender to intervene m Grantor's name m any of the above descnbcd &e11ons or claims Gran1or assigns ta Lender the proceeds of 11ny award or claim for damogcs connecled with " condcmnauon or other takmg of all or any pan of the Property Such proceeds shall be considered payments ~nd will be appl!c!l as pro111ded m this Sccunty Tnstrum~t This as.s1gnmcn1 of proceeds is subJcct 10 !he terms of any prior mortgage, deed oftrus:t, i.ccurity agreement or o1hcr hen document hmannce. Grantor shall keep Propcny 1,1surcd agam~t Joss by fire, flood, thcfl and otb::i-hazards and nsks reasonably assoc-rn1cc! with the Propcny due to ,ts type and location This insurance she.JI be mamtamed m the amounts and for the pcnods that Lender rcqu1rcs The insurance c:amcr provtcltng thc msurancc shall I,(; chosen by Grantor subJcct to Lender's approval, which WU not be unrcasonab}y withheld If Grzmlor fails to mamtain the: coverage dcscnbcd above:, Lender ma;1. al Lender's op;ion, obi.am coverage to pro1cc1 Lc:idds nghts in the Propcny accDrdmg 10 the ttmns of 1h1s Sccurny Instrument All msurancc policies and rcncw~ls shalJ be acceptable to Leeder 11nd shall mcludc a standan:1 "mortgage clause" and, where ~pplic.ibk, nloos payee clause w Grantor sb.all 1mmcd1a!c:ly notify Lender of cancella111:m or tc:munation of the msur.mcc L,;:ndcr shall have !he ni;tu IO hold the pohc1c:s and renewals If Lender rcq1,mcs, Grontor shall 1mmcd1atc:]y gwc to Lender al! rccc:ipls of paid premiums and renewal notices Upon loss, a~~.itor shall give 1mmcdm1c no11ce !O the rnsurance corner and Lender Lender may make proof of loss 1f nor made 1mmcchately by Grentor Ul:llcss otherwise ilgTCcd in wrrlmg, .ill ms1.:ran~c proceeds shall be i!pphcd lo the rcstonuon or repair of the Property or to lhe Secured Dc'::it, whcLlicr or not 1ben due, at Lender's opl.100 Any appl1cat1on of proceeds to pnnc1pal shall not exrc.,d er postpone 1bc due date of1hc scheduled payment nor change 1he amount of any payment Any execs., w,ll be pa,d to Lhc Gn1ntor lftbc Property LS acqum:d by Lender, Grart1or's right to any msurancc policies :md proceeds ruulL1ng from damage to the Propcny before 1i'u:: acqu1s1tion shall pass to Lender to the extent ::iithc Secured Ikbt nnm~1ely before lhc acquisition F1n:ar:te1al Reports and Add1t100:1I Documents Grantor will provide 10 Lender upon request, any financral ,;tatemcnl or mforr.ial!on Lmdcr may dean rcUOl'lably necessary Gran101 agrc~ IO s1gri, deliver, and file any add111onal documents oc cctt1fic1t1on.s tllat Lender may comider ncc:css.ary lo perfect, contm\lc, and preserve Gramor's: obl1gauons urtdcr 1b1s Sccunty lnstrull'ICnl Md Lender's lien ilatus on [he Property 6 WARRANTY OF TITLE Gran:o, warrants thal Grairtor 1s or will be ]awfully seized of 1hc estate COilYC)'ed by th15 Se,unly lnstrumcn: .ind has the: nght to ll'J':"llocably gr.mt, convey and sell lhc Property to Trustee, m tnis:, wuh power of sale Gran1or also wam,nts lhaL the Property is uncncllmbcrcd, c1tcepi for encumbrances of record 7 DUE ON SALE Lender may, at m option, dccl.in: lbc ,i;:n.llrc biibncc of lhe St:cun:d Debt to be nnmcdmlcly due and payabk llpQn the cica1,011 of, or con1rae1 for the crcatJ.on of, a tnmsfor or sale of the: Propc:ny This nght 1s s:1.1b1cct to the rcstocllOns imposed by federal Law {12 CF R 591), as appl1,;:a,blc r, ·~ e .. i.,. s, ...... '" SI er., .. 'ii~ '"'~ OCP ~!OT w~ '""'"' ·~·C46S{WA/ (HO\J 02 L'L'AQ-JIP KING,WA Document: TDD 2002.1223002590 Printed on 6122/2006 9:35:29 AM Provided by Data Trace System Page 3 of8 T. Jfficer: l Order: 6373570 Comment: 8 DEFAULT Grantor will be Ill default ifnny of the fol\owmg occur Fraud Any Consumer Borrower engages in fra'lld or material m1m:prc:scntat1011 m coi:mcmon with tho:: Scx.urcd Debi that 15 an open end borne equity plan PaymeJ11S Any Consumer Borrower on any Secured Ocbc thnt 1s an open end home eq111ty plan foils to make a payment when dEc Prop~rty Any acbon or inawon b~ tk Borrower or Granter occurs th.i.t .odvcrsdy affects the Property or Lender's nghls m the Property This includes, but 1s not hm11cd to, the followmg (a) GraDtor fails to mHotam rcquntd 1DS\Jrancc on the Property, (b) GranlOr transfers the Property, (c) Grantor commits waste or othcl'Vl'IS.C destructively = or fails 10 mamtam lhc Propcny s.uch !hat 1hc actmn or macllO!l odverscly affects Ulrxlr:r's scom1y, (d) Grantor fads to pay ta,;cs on I.he Property or Olhcrwisc fails to bet and thereby causes P hen to be filed against the Property that 1s scnt0r 'lo Inc hen of lhis Secunly Jnslrumcm, (c) a sole Gr.rntor dies, (f) if more chan one Gnintor, any Grancor d.c-s ond Lender's sco.mty ts adversely affected, (g) the Property i,; taken through cm~nt domam, {h) 11 Judgment J!i fik-d agam~t Grantor and subJCCts Gnm1or arid the Property to act1011 that adversely affects Leodcr's interest, or (1) e pnO!' hcnholdcr forcdo= on the Properly and as e J'C51.l'h, LCTidor's mtcr<:sl 1s advcr,cly .a:ffcctcd E1ecu11vtc Officers Any Borrower 15 an cxccuuvc officer of Lender or ari affilialo and such Borrower becomes indebted to Lender°' another kndcr rn en aggregate amount greater then rbc arn,ount pcm11ttcd under federal laws ond n:gulatmm 9' REMEDIES OF DEFAULT Jn aCd,t1on rn any other remedy available under the terms ofllns Sccunty lnStrumcnt, Lender may accelerate the Secure<: Debt and foroclosc 1h1s Security lmtrumcrn mo manner provided by law 1fG111mor ism dcfai;h ln sorr.c mstanci:.s, federal and state Jaw will rcqinrc lender to provide Gnmlor w1tb not1ci.: of the r1i;:ht Lo cu;c, or other notices and may csta'oluh umc :.chcdulcs for foreclosure 11ctions At tbc option of the Lender, :ill or a11y par: of the agreed fc:cs and charges, accrued m1crcs1 and pnnc,p:il sh:ill become 1mmcdratc-ly d'.lc and payable, after g1vll'lg not,cc 1f rcqu.ircd by law, 11ptm the occUJTCncc of a dcfattlc or anyomc thereafter Lender shall be cn11tled to. w11hout l1muauon, tbc pc,wcr to scll lhc Property If there JS a default, Tnislcc shall, a! 1hc 1cqucsl of ch~ Lcodcr, advertise and sell the Property as a whole or m separate parcels al public aucllOn 10 the hJgh~t bidder ror cl!Sh and coovcy absollllc lttlc ftcc and clear of all ngbt, title and mtcn::s1 of Grantor at such umc and place as Tll6tcc designates Trustee shall give ootic;c of sale mcludmg tbc time, 1crms, and plai;c of sale and a dcscnpuon of the Property to be sold 115 ~uJTcd by th.; applicable !aw m effect at the time of the proposed sale Upc,n sale of the Propcty and to the cx1cn1 no1 prohl'oncd by law, Trustee shall make and dchvcr a deed to the Propcny sold which ,;onvcys absolute title 10 the purchaser, and after fim paymg all fees, diargc:s :ind coslS., shall PIIY to Lender all moneys advanced for rtpa1rs, ia)(CS, msurancc, hClls, osscssmcnts and pnor cncumbra11ecs and mtcrcsl !hereon, and the prmc1pal and mtcrcsl on the Secured Debt, paymg the surplus, 1f any. to GraDtor LCDd~r m.ay p'-.lrchasc the Propcny The rccruils Ill any deed of conveyance sball be pruna faclC evidence: of the foc1s set forth thcrcm The: acccptanc:1:: by Lcl'ldcr of any sum m ~aymcnt or partial paymcnl on Lhc SCOJred Debt after Ilic balance ts d~ or is accclcrarc-d or after forc-dosurc proccochogs 9l"C filed shall not ,;.ons1,tu1c a waiver of Lender's nght to require comp!cle cure of :my exist.mg default By not cxcrc1s1ng any =edy on Gianror's dcfoulr, Lender docs not waive :.ender's ng)lt lO later consider tJ:,c even! a dcfaul1 if rt llappcns ugain JO EXPENSES, ADVANCES ON COVENANTS, AITORNEYS' FE.ES, COLLECTION COSTS If Gnmtor br<:aehe:s any covcn;m\ m !hrs Security lostrumcnt, Grantor agn::~ 10 pay all expenses Lcr,dcT mcur.. u1 pc:rformmg such covenants or p-rotectmg 1ls :.ccunty mtcrcst m !he Property Such cxpcnsc.5 mcludc, but arc not hmttcd to, foes mcu:i-ed for 1n$po;:tmg, pt"CS(:rv1ng, or otherwise protcctmg lhc Prop,:rty and Lender's sccunty ,merest These expenses arc pllyablc on demand and will bc:.ir inlcrcsl from the date of payment unn! paid m full at lhc highest rate of mtcrc:;t m effect as prov1dccl JO the: terms of the Secured Debt Granto~ agrees 10 pay all costs and expenses incurred by Lender rn collecting, cnforcmg or protecting Lmdc(s ngllts and rcmcdlCS under lhis Sccumy Instrument Tht5 amount roey include, 'out )S nrn hmilcd 10, auomcys' fe~, coun costs, ond other lc8al expenses To the cxicnt pcrmntcd by the Unucd Sm1cs Banknip1cy Code, Gran1or agN::cs 10 pay the rc1Sooablc attorneys' fees Lender iDCoo to collect the Secured Debi a~ awarded by any coun cxcrcmos Juns.dichOn under the Bankruplt.y Code ThlS Sccunly Jns1n,rn,:,m shall n:mam m cffccl un\rl rckascd Gron1or agrees lo pay for any rcconialion costs of wch rdcasc (, 1-11,aokoo Sy-In< St t.i.od M1o1 f~, .. OCP REOl WA '""'~' ~ COS(WAJ (l'JO!J oi VU.\Q-321" KING,WA Document: IDD2002.1223002590 Printed on 6/22/2006 9:35:30 AM Provided by Data Trace System 100013IIOl07'823713 Page 4 of8 T. Jfficer: l Order: 6373570 Comment: ~ = LC> .,., = = """ cs ..... -.,... ' ' ""' ·= ~ ll ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES As oscd 11\ this scchon. (l) Envlron,mcntel Law means, without hmnalJOJl, the Comprehensive Div1ronmcntal Response, Compcnsanon a.nd L1ab1h:y Ac1 (CERCLA, 42 USC 9601 cl seq), and all other federal, state and local laws, regulaticms, ordmanccs, ce>vrt orders, allomcy &cncral opm1ons or m1crprct1vc lcllcrs concernmg 'lb,: pubhc hcahh, safely, welfare, criv1ronmco1 or a hazardous subsianc:c, and (2) Hazardous Substance me.ins any toxlc, r~d1oact1vc or J,aurdous ma1cnal, waste, pa!lulam o:r contammnnt whu:h bas charactcrrsllCs wlucli render the subs!a(JCC dangerous or pol~!1a!ly dangerous lo ihc p11bl1c health, safely, welfare or environment The 1:cr.r. includes, w11bou1 hmita11on, any wbstrrncc~ <lcfincd ns "bauirdous matcnal," •10;, . .1c &ubsrnnccs,' ~ha1ordous wastc,M "harar,;ious substance." or "regulated sub.smncc" under any Cnv1ronm~ffta; Law Grantor represents, warrants ind agrees thol A 1:,r.ccp1 as previously disclosed and acknowledged m wnung to Lcndi::r. oo Hazardous Su.bslancc 1s or will be located, stored or released on or m 1hc Property This rcstnctKlll docs JlOl apply lo sm;ill <1uam1hes of Hazardous Substances that arc generally rccog.nitcd to be appropriate for the no.rmz,.1 use Dod mam,erumcc of the Property B £xccp1 as previously d1s::Joscd and acknowkdgcd 1n wnlmg 10 Lender, Graolor and every len1:m1 hilvc been, arc, and $hall rcmam m full comphancc Wtlh any appl,C2Qk Env1roomcn1al Law C Grantr,lr shall 1mmcd1atcly notify Lender 1i a release or threatened release of a Hazardous S1lbstat1C¢ occurs on, under or abou1 the Proper'.)' or there 15 a V){l[allon of any fulv1ronmcnal Law conccmmg tt:,c Property In such an event, Grantor shall take a.I! necessary remedial &e11on 1n accordance w11h any Env1ronmcornl Law D Grantor shall 1mmcd1Jtcly IIOCrfy Lender m wntmg as soon as Grao1or has reJSon lO believe there 1s any pending or 1h:rcatcncd 1:1vcst1g.111on, claim, or procccdmg rc)at1ng 10 the rclc.isc or threatc:ncd release of any Hazardous Substance or the vrolauon of any Env1Jonmcntal Law ll ESCROW FOR TAXES AND INSURANCE Unless otherwise provided HI a scparaic agreement, Grantor will not be: rcq~1rcd to pay to Lender funds for iaxcs and msurancc m escrow 13 14 IS 1, 17 18 1, JOlNT AND INDIVIDUAL LIAB(LITY, CO.SIGNERS, SUCCESSORS AND ASSIGNS BOUND Ali dulle:s under thii Sccunty Instrument an; Joml IDd ind1v1duJI If Granlor sign~ 1h1s Sceuni:,- lnstrumcnl but docs not s:gn an evidence of debt, Gr:intor docs so only to :mortgage Grantor's mtcn;st m !he Property to secure payment of tbc Secured Debt and Gra:ntor does not agree 10 be peJSOnttlly liable on lht: Scc:u.rcd Deb! If this Sccunty lnsttumcm secures a ~ranty between I.c:ndcr and Grantor, Gr.:m1or agr;:cs to w.a1vc .iny nghts thai may prt'VO!t Lcnck:r from bnnging any acnon or claim agamsr Gran1or or any par1y 1Ddcb1cd under the obligation Tbcsc rights may 1ndOOC, but 1uc not limned to, any an11-dcf1e1i;ncy or onc-ocnon J:iws The duties and benefits of this Sceunty Instrument shall bmd and benefit the ~llCeessor5 and assigns of Granier and Lender SEVERABILITY, INTERPRETATION Tha Security !nsmnnent 1s complete and fully ,ntcgratctl Th,s S,ccunly !ostnimcr,t mJy not be or.-iendcd or modified by oral agreement Any sccl1Dt1 m this Sccunty Instrument, a1t.rchmcnts, or any ag:ecment rcla1cd to the Secured Debt !bar conflicts w11b applicable low wrl] nol be effective, unless that law cx.prc55ly OT 1mphcdly pcnn1\s the vananon\ by Wntlen agreement ff any scc110;:i of Um Sec,mty Ins1rumcnl cannot be enforced according to lls lCJTO.S . lha.1 ~t1on will be severed a,nd will not affect the cnforcc11b1hty of the rem.a111der of 1h1s Sccun\y lns1rumcnt Whenever used, the singular 5h~ll 1nc:IL1rlc the plural and 1hc plural the StngtJlar The c:ipuons and headings of the sccliom ofthJS Sccunty Instrument arc-for convemcnee only and ire not 10 be used to mtcrprct or dc:l:ie the lcrms of this Sccwity lostn.rm.:mt Time JS of the essence in lh:is Security lnstrumcrn SUCCESSOR TRUSTEE Lender, ~t Lcndet's option, m3y from 11mc 10 time remove Trustee and 11.ppom! a succc55or trustee without any other formality 1han the dcs1gn11tlon m wn!mg The successor trustee, without conveyance of the Pmy:r1y, shall succeed to all 1he 111lc, poWCI' and duties conferred upon Trusccc by this Sccuniy lnstrumcn1 .ind appl1cobk law NOTICE Unless otherwise req1nred by law, any notice shall be given by delrvcnng 11 or by ma,lmg it by both firS1 cbss mail and either rcgis1c.cd C>I' certified mail, ~um receipt requested, 10 the appropriate party'!i address on pogc I Df th,s Scclloty lns!rumcnL, or 10 any other ;iddrcss dcs1gna1cd in wnt,ng Notice 10 ooc grantor will be dcc1nctl IO be nol1ce to all gnintors USE OF PROPERTY The propcr1y sub;cct ID lhls Deed of Trost u nor usod pnm:1paJly for agncullural purposes LIN[ Of CREDIT The Secured Debi include$ a rcvcilv1ng Jmc of credit Although the Secured Debi may b¢ rcduc:cd lo a :>cro b:ilancc, th,s Sccu1Jty lnstrumcn1 wilt rcmam m cffc<:t unbl released APPLICABLE LAW This Security lnsu-urncnt JS govcrncd by the laws as agtted IO 111 the Secured Dcb1, exccpr ID the c:itlcnt rC(!uircd by the IJws of 1DC 1unsdic1.1on where the Propcny rs H)Ctltcd, .and awl1cabk federal laws and rcgulanor.s (• 1~ aonw,s,,i.m, '"• SI CIM "~ so,.., oc• ~!OT ·H 1c,1,,1 ~ CHSJWA) (t,01111 llVA(),-3lP IGOO lll01'7iQ?'ll'713 KING,WA Document: TDD 2002.1223002590 Printed on 6/22/2006 9:35:30 AM Provided by Data Trace System Page 5 of 8 T,, __ 0fficer: I Order: 6373570 Comment: 20 lUDERS The oovcoan1s and agro::mcnts of each of the ndm checked below arc 111corporatcd rn10 and supplement aod amend the tcnns of this Sccunty Instrument {Check all applicable boxes) 0Ass1gnmcn1 ofLcascs and Rents O Other ----------------- 21 0 ADDITJONAL TERMS 22 SIGNATURES By s1gn1111; bc!cw, Gr.mtor ag.-ccs to the terms :a.nd covenants contamcd rn 1h1s Sccunty lnstnJmcnt and m ony anachmcn1s Gramor also ;11::knowlcdgcs receipt of a copy of 1h1s Sc:cunty lnsmnncnt on th~ da1c sUtcC on ;,age 1 (Om) ACKNOWLEDGMENT ·-STATE OF washir.gton _, COUNTY OF 11:in~ -~~~-)s, I i,::rt1!)fitha.1 T):p~w or h;;r snt1s~'Zt~ry1..cv1&ncc that fsAGOA,:;r: p 0 ~~ _,-1 Un I __ ts/arcth,;;:1111 appeared before me, and said 1mlmdual(s) acknowl t t cy cd 1h1s instrument and acbowlcdgcd i: to be II free and vol and purposes mcntKlncd m the mslrumcn1 TO TRUSTEE I,,-~ ' r , J n I I REQUEST FORRECONV£YANCE (Nol 10 Ot c-omploocd vn!,lpo,d ,n JuH) '' The undcrs1goc:d 1s the: holdc; of t!1c ;iotc or 1101es $CC.urc:d by this Deed of Trust Said note: or notes, logcthcr wllh all other mdcbtcdnc:ss scam:d by ttus Deed of Tntst,. have bi:cn paid m foll You arc h~by dm:ctcd to cJnc:d th;s VCcd ofTrusl, which IS dc:hvc:rc:d hereby, :md !O tcconvcy, w,thout waminty, all the cst~tc now held by you unikr this Deed of Trust io the person or pcrsons legally c::nt1tlc:d tbc:rclc 0 lff• IU"""••Sr••.,., -$1 Cldu• MN ~.,., ocr ~E~' .,,._ 10,m: G?,-t;: .. 6.S(WA) IHOI) Ol LIUAQ-JlJ' KlNG,WA Document: TDD 2002.1223002590 Printed on 6/22/2006 9:35:31 AM Provided by Data Trace System Page 6 of8 'L . Officer: 1 Order: 6373570 Comment: IN• -----------[Space Above Thts Lme For Recording Data]I------------ BALLOON RIDER THIS BALLOON RIDER rs made this J 7TH day of December, 2002 , and 1s mcorporatcd mto and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Secunty Deed (the "Security Instrument") of the same date given by :he undersigned f!Borrower") to secure Borrower's Note (lhc ''Note") to GreenPomt Mortgage Fundmg, Inc (the "Lender" of the same date and covenng the property described m the Sccunty Instrument and located at 710 South 23rd Streel, Renton, Washington 98055 (Property Address] The mterest rate stated on the Note rs called the "Note Rate" The date of the Note ,s called the "Note Date" I undcrs1and the Lender may transfer the Note, Security Instrument and this Rider The Lender or anyone who takes the Note, the Secunty Instrument and th1s Rider by transfer and who ts ent1tled to receive payments under the Note 1s called the "Note Holder" : g ADDITIONAL COVENANTS. In addition to the CDvenants and agreements m the Secunty Instrument, Borrower • ~ and Lender further covenant and agree as follows (desp1:e anything to th.e contrary contamed m the Secunty lnstrumcnt or the Note) · THIS LOAN IS PAYABLE IN FOLL AT MATURITY. YOU MUST REPAY THE ENTIRE PRINCIPAL BALANCE OF THE LOAN AND THE UNPAID INTEREST THEN DUE. THE LENDER IS UNDER NO OBLIGATION TO REFINANCE THE LOAN AT THAT TIME. YOU WILL, THEREFORE, BE REQUIRED TO MAKE PAYMENT OUT OF OTHER ASSETS YOU MAY OWN, OR YOU WILL HAVE TO FIND A LENDER, WHICH MAY BE THE LENDER YOU HAVE THIS LOAN WITH, WILLING TO LEND YOU THE MONEY AT THE PREVAILING MARKET RATE, WHICH MAY BE CONSIDERABLY HIGHER OR LOWER THAN THE RATE ON THIS LOAN IF YOU REFINANCE THIS LOAN AT MATURITY, YOU MAY HAVE TO PAY SOME OR ALL CLOSING COSTS NORMALLY ASSOCIATED WITH A NEW LOAN, EVEN IF YOU OBTAIN REFINANCING FROM THE SAME LENDER HOIJ2-BALLOON RIDER-MULTI STATE OOAP·17.F KING,WA Document: IDD 2002.1223002590 Page I of2 Printed on 6/22/2006 9:35:31 AM Provided by Data Trace System 1 iOOJ 3801{17{i0Ui099 Page 7 of8 1, .Jfficer: I Order: 6373570 Comment: BY SIGNING BELOW, Borrower accepts and agrees to the terms and coven:ants contsmed in this Balloon Rider. -Borrowt:r -Borrower -Borrower -Borrower HOI/2-BALLOON RIDER-MULTI STATE OOAP-17P Page 2 of2 KJNG,WA Document: TDD 2002.1223002590 Printed on 6/22/2006 9:35:32 AM Provided by Data Trace System -Borrower -Borrower -Borrower HIO&l380I076026099 Page8of8 1, .. Officer: I Order: 6373570 Comment: 20030930003050.001 1111111111111111 20030930003050 CHICAGO TITLE ADl 9 10 PAGE Ill OF .. I 89/38/2003 1&·85 KING COUNTY, IJA "!>L\'-\C\ 2.'-\ \, !Space Above This Line For Rttording Data] l CHICAGO TITLE INS. Ct MERSMm# 10001180107602971, INVESTOR ~EF#lll3iqb-I Corporation Assignment of Deed of Trust FOR VALUE RECEIVED, the midersigned hereby grants, assigns and transfers to CTI lll"e'IP.,4, li,oo J.l, ~ ... , tw'- 1:,u-;ll-c.,"b) l.fnl":) all benefiCla! mterest Mder that certam Deed of Trust da~ December 17, 2002 execnted by Robe_rt P Ott and Renee L Ott, Husband and Wife to QJICAGO TITLE INSURAN'.:E CCM?ANY · ,.;;'\0 , Trustor , Trustee and recon:led as Instrument No 2002122300'"on 12/23/2002 ID book none page none of Offiaal Reconls ID the County Recorder's office of Kmg County, Washmgto.n , descnbmg land therem as SEE Cffi,!PJ:£'f'ELE8*L ffl!'SCRtPllON DEti:CRIBED D4 iffl!AFtffl:EMffifflffiffiB BEEB 9F1YJ1ST Loan Amount $ 21,500 00 TOGEIHER. with fuenote or notes therem descnbed or refem:d 1o, the money due and to become due thereon with mterest, and all1ights accrued or to ace.rue under srud Deed of Trust Dated 05/02/2003 GreeoPomt Mortgage Fundmg, Inc State·of: Cahforrna County of: Soooma Tun B Miller, ASST. SECRETARY On May 02, 2003 before me. Jemufcr L PoZZI. Notary Pubilc personally appeared nm B Miller. known to me (or proved lo me on the basis af sa1lsfactory eVJdeme) to be the person{s) whosename(s)1slare subscr:tbed to the wrthmmstrnmentand acknowledgol 10 me t!u¢he/she/lhey eirecutedthe samemlusAleiit!u,r authomed capacrty(1es), and that by lno'Jier/therr S'!,marure(s) on themstromentthc person(s) ortheawty upon behalf of wlnc.h fue person(s) a::tcd, executed the mstrument WTINESS my hand and oflj,,al seal Title Order No Escrow No 1 KING,WA Document: TDD ASN 2003.0930003050 (Seal) Printed on 6/22/2006 9:35:32 AM Provided by Data Trace Sysrem .,, , ttnn O ette:cerr ( Page I of I 1, ,Jfficer: l Order: 6373570 Comment: 20030930003049.001 After recording please return to: GreenPomt Mortgage Fundmg, Inc. 33 S11n Pablo Avenue &l,.n f<ii_~ , cf\ "'i<f'l 03 1111111111111111 ~1!!~!9}000}!49 PACE N1 OF 819 · K89/3e/28e3 18.85 ING COU~TY, IJA Assessor's Property Tax Paree] or Account Number 722200-0090-08 Abbreviated ugal Descnptlon lt(l.C.t' \<; IJ c;I,. 9 P.,, . 'Z-1 See Page 3 for complete legal description. U Settlement Agent is responsible for veryfing that the Abbreviated Legal Des:cripfion on Page I of the Deed of Trust is completed accurately. -----------[Space Above This Lrne For Recording Data} -~----------- DEFINiTIDNS DEED OF TRUST@ CHICAGO TITLE INS. CO REF# J II '?215 k-I MIN !00013800824783308 Words used m multtple sect.ions of tbIS document are defined below and other words are defined m Sections 3~ I J, 13, 18, 20 and 21 Certam rules regardmg the usagi::: ofW"Ords used m this document are also provided m Section 16 (A) "Security Instrument" means tlus document, which 1s dated September 24, 2003, together mth all Riders to this document (B) "Borrower'j 1s Robert P Ott and Renee L 0~ Husband And Wife Borrower 1s the trustorunder tlus Secunty Instrument (C) "Lender" IS GreenPoint Mortgage Funding, Inc Lender 1s a Corporation orgaruzed and ex1stmg under the Jaws of the St.ate of New York Lender's address 1s 100 \Vood Hollow Drive, Novato, CA 94945 (D) ~'Trustee" lS 'FHF 77 ETOV' GROUP OM~o ,,n..E 1rJS1J14'Wct CJ:ll'1.~ Wa..sbmgton Deed ofTlll5t-Smgle Famliy-Fanme Mae'Fredd1e Mac l1NIFORM INSTRUMENT MERS Modified Form3848 Oli'C)] -THE C~;<~~2uUR~ lNc -l~lf 111111 Hi 111ii 1i1ii1~ ii Ill II ti ~111111111 ilf ™ ~ .. ~·,:::~ G P ~ w O O O 8 2 ~ 7 S 3 3 D 1 1 7 ' KING, WA Document: TDD 2003.0930003049 Page 1 ofl9 Printed on 6/22/2006 9:35:33 AM Provided by Data Trace System "L Officer: l Order: 6373570 Comment: 20030930003049.002 (E) uMERS" is Mortgage Electroruc Reg1strat10n Systems, 1nc MERS 1s a separate coipOrauon that 1s actmg solely as a normnee for Lender and Lender's successors and assigns MERS is the beneficiary under this Security Instrument. ME.RS 1s orgaruz.ed and ex1stmg under the la"NS of Dela"Ware, and bas an address and telephone numberofP O Box 2026, Flm(, MI 48501-2026, tel (888) 679-MERS (F) "Note" means the pronnssory note s1gned by Borrower and dated September 24, 2003 The Note states that Borrower owes Lender One Hundred Seventy Two Thousand and on OOths Dollars (US $172,000.00) plus interest Borrower has promised to pay this debt m regular Penod1c Payments and to pay the debt m full not later thanOctober 01, 2033 (G) '1Property" means the propen.y t:J:,.at is descnbed below Under the headmg «Transfer of R1ghts m the Property" {H) "Loan" means the debt eVJdenced by the Note, pJus interest, any prepayment charges and late: charges due under the Note, and all sums due undertb.:is Secunty Instrument, plus mterest (I) "Riders" means all Riders to tilts Secunty Instrument that are executed by Borrower The foHowmg Riders are to be exe0Jfod by Borro'Wf:r [check box as appl,cabfe] ~ AdJustable Rate Rider D Balloon R1der 0 1-4 Family Rider 0 Otber(s) {specrfy] D Condom1mum Rider D Planned Umt Development Rider D Revocable Trust Rider 0 Second Home Rider D Biweekly Payment Rider (J) "Applicable Law'' means all controllmg apphcable federal, state and local statutes, regulatJons, ordinances and admnustrat:Jve rules and orders (that have the effect of law) as well as all apphcable final, non-appea]able JUdic1al opmmns · (K) ucommunity Association Dues, Fees) and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condomm1um assoc1atton, homeo\rners associatJ.on or smular orgamz.ation (L) "Electronic Funds Transfer" means any transfer of funds, other than a transact:J.on ongmated by cl::ieck, draft, or s1m1lar paper instrument, which 1s 1mt1ated through an electronic temunal> telephomc U1Strument, computer, or magnetic tape so as to order, mstruct, or authonze a financial mstrtutlon to debit or credit an account Such tam mcludes, but tS not hm1ted to, pomt-of~sale transfers, automated teI.ier machine transactions, transfers rrutJ.ated by telephone, wrre transfersJ and automated c]earmgbouse transfers (M) "Escrow Items" means those items that are descnbed m Section 3 (N) 1'Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any thrrd party (other than insurance proceeds patd under the covernges descnbed m Secllon 5) for (1) damage toJ or destructJon of, the PropertyJ (n) condenmauon or other takrng of all or any part of the Property, (m) conveyance m beu of condemnabon, or (rv) nusrepresentat10n.s of, or OlillSSJ.ons a.s to, the value and/or condition of the Property KING,WA Document: TDD 2003.0930003049 Printed on 6/22/2006 9:35:33 AM Provided by Data Trace System Page 2 of 19 T1,._ Jfficer: I Order: 6373570 Comment: 20030930003049.003 (0) ''Mortgage Insurance" means msurance protectmg Lender agamst the nonpayment of; or default on, tbe Loan (P) '"Penodic Payment'' means the regufa.rly schedulecl amount due for (1) pnnc1pal and mterest under the Note, plus (u) any amounts under Section 3 of tlm Sccunty Instrument (Q) "RESPA" means the Real Estate Sectlement Procedures Act (12 USC §2601 et seq) and Jl5 1mp!ementmg regu],non, Regulation X (24 CF R Part 3500), as they might be amended from time to time, or any additional or successor legisJation or reg,;Jation that governs the same subJect matter As used m thts Secunty lnstrument,. "RESPA" refers to a1l requrrement.5 and restncbons that are imposed m regaxd to a "federally related mortgage loan" even 1fthe Loan does not qualify as a "federally related mortgage loan" under RESPA (R) ((Successor jn Interest t>f Borrower" mearu any party that has taken title to the Property, whether or not that party bas assumed Borrower's obligations under the Note aod/orthls Secunty Instrument TRA.1',SFER OF RIGHTS IN THE PROPERIY The beneficiary of tins Secunty Instrnment 1s MERS (solely as nommee for Lender and Lender7 5 successors and ass1gns) and the successors and assigns of MERS This Secunty Instrument secures to Lender (1) the repayment of the Loan, and all renemis, extensions and mod1ficatJons of the Note, and (11) the perfqrmance of Borrower's covenants and agree:tnents under tlus Secunty Instrument and the Note For this purpo·se, Borrower mevocably grants and conveys to Trustee, m trust, mth power of sale, the follo"Wlllg descnbed property located m the County of King [Type of Recordmg Junsdsct.Jon] /Name of R.rtcordmg JunsdtctJon] TRACT 15, PLAT NO. 2, RENTON CO-OPERATIVE COAL COMPANY'S ACRE TRACTS, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 9 OF PLATS, PAGE(S) 27, IN KJNG COUNTY, WAS!IlNGTON. EXCEPT IBE WEST 70 FEET TIIEREOF, AND EXCEPTTIIE EAST 100 FEET THEREOF. wbtch cmrently has the address of 710 South 23rd Street [Street] Renton , Wasbmgton 98055 [City] {Ztp Code) ("Property Address") TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property All replacements and add.11:J.ons shall also be covered by this Secunty Instrument All of the foregomg 1s referred tom this Secunty Instrument as the '"'Property" Borrower understands and agrees that MERS hoJds only legal title to the mterests granted by Borrower m this Secunty Instrument, but, if necessary to comply mth law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the nght to exercise any or all of those mterests, mcludmg, but not Jmuted to, the ngbt to foreclose and sell the Property, and to take any achoo reqm.red of Lender mclud.mg, but not ]muted to, releasmg and cancebng th.ls Secunty Instrument Wuh.lngtim:Dec.d ofTrust-SmgleF8llllly~FanmeMadFrWd1e Mac UNIFORM INSTRUMENT MERS Modified Form 394S {11/01 -lBE C~~~~~~~~ ]Ne-llll~lllli ,~ 11iim"1i~llllil!ll!lllffllllilf-~~>;::~ GPt,.;\N00082478330J17 KING,WA Document: TDD 2003.0930003049 Printed on 6/22/2006 9:35:34 AM Provided by Data Trace System Page 3 of 19 '1 Jfficer: J Order: 6373570 Comment: 20030930003049,004 BORROWER COVENANTS that Borrower 1s lawfully seized of the estate hereby conveyed and has the nght to grant and convey the Property and that the Property 1s mencumbered, except for encumbrances of record Borrowerw.urants and will defend generally the title to the Property agamst an clalillS and demands, subJect to any encumbrances of record THIS SECURITY INSTRUMENT combmes uruforrn covenants for national use and non-uniform covenants \VJ.th hrmte<l vanations by JUns.diction to constitute a umfurrn secunty instrument covering real property UNIFORM COVENANTS Borrower and Lender covenant and agree as follows 1. Payment of Principal, Interest, Escl'OW Items, Prepayment Charges1 and Late Charges. Borrower shall pay when due the prmc1pal of, and mterest on, the debt eYidenced by the Note and any prepayment charges and late charges due Under the Note Borrower shall also pay ftmds for Escrow Items pursuant to SectJ.on 3 Payments due under the Note and this Sec."lmty Instrument shall be made m US currency However, 1fany check or other mstrument received by Lender as payment under the Note or tlus Se,cunty Instrument 1s returned to Lender unpa1d 1 Lender ma.yreqUtre that any or all subsequent payments due under the Note and this Secunty Instrument be made m one or more of the fo11omng forms, as selected by Lender (a) cash, (b) money order, (c) certified check, bank chec~ treasurer's check or cashier's check, prov1ded any such check is draw.n upon an mstJ.tut:Jon whose deposits are insured by a federal agency, mstrurnentabty, or entity, or (d) Electromc Funds Transfer Payments are deemed reci::JYed by Lender when received at the location designated m the Note or at such other locabon as may be deSigD.ated by Lender m accordance wttb the notice provmons. m Section 15 Lender may return any payment or partJa1 payment 1f the payment w paroaI payments are msufficient to bnng the Loan current Lender may accept auy payment or partial pa)Tnent msufficient to bnng the Loan current, WJ.thout waiver of any ngbts hereunder or preJUdJ.ce to its nghts to refuse such payment or partial payments m the future, but Lender 1s not obligated to apply such payments at the t:mie such payments are accepted If each Pcnod1c Payment ts apphed as of its scheduled due date, then lender need not pay mterest on unapp11ed funds Lender may bold such unappbed funds un.t.il Borrower makes payment to bnng the Lo2n current If Borrower does not do so witlnn a reasonable penoc! of time> Lender shall either apply such funds or return them to Borro'Ner If not applied earher, such funds Wlll be applied tC> the outstandmg pnnc1pal balance undvr the Note 1mmecEately pnor to foreclosure No offset or claim which Borrower mtght have now or m the future agamst Lender shall relieve Borrower :from ma.kmg payments due under the Note and this Secunty Instrument or perfomnng the covenants and agreements secured by this Secunty Instrument 2. Application of Payments or Proceeds. Except as otherwise descnbed m this Section 2, all payments accepted and apphed by Lender shall be applted m the fo11omog order of pnonty (a) mterest due under the Note, (b) pnncipal due under the Note, (c) amounts due under Section 3 Such payments shaH be applied to each Penod1c Payment m the order m which 1t became due Any remammg amounts shall be applied first to fate charges, second to any other amounts due undertlns Security Instrument, and then to reduce the pnnCipal balance offbe Note If Lender receives a payment from Borrower for a dehnquent Periodic Payment which mcludes a sufficient amount to pay any late charge due, the pa}'Tilent may be applied to the delmquent payment and the late charge If more than one Penodic Payment 1s outstandmg, Lender may apply any payment recewed from Bonower to the repayment of the Penodic Payments I.( and to the extent that, each payment can be paid. m full To the extent that any excess exists after the payment 1s applied to the full payment of one or more Penodic Payments, such excess may be app11ed to any ]ate charges due Voli.mtruy prepayments shall be apphed .first to any prepayment charges and then as descnbed m the Note Any apphcatJ.on of payments, msurance proceeds, or Miscellaneous Proceeds to pn0Clpa1 due under the Note shall not extend or postpone the due date, or change the amount, of the Penodic Payments 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Penodic Payments are due UDder the Note, until the Note 1s paJd JD ful~ a sum (the "Funds") to provide for payment of amount.s due for (a) taxes and assessments and other ttems wh,cb can attam pnonty over this Secunty Instnunent as a hen or encumbrance on the Property, (b) leasehold payments or ground rents on the Property~ 1fany, (c) preneums for any and all msurance WashmgkinDted ofTrust-Smglc FamiJy-F.ann1eMae!Frerldle Mac UNIF0RM.INSI'R1JMENT MEltS Moddied :FonnJ-048 01/01 -1HE C~:;:;~~~~~ ~C-1111!111~11! 1111iiii1ij~11111111m~~111ur· ,~ -=~ w: G P M W D O O S 2 4 7 S 3 3 0 1 1 7 KING,WA Document: TDD 2003.0930003049 Printed on 6/22/2006 9:35:34 AM Provided by Data Trace System Page 4 of 19 Tit,c Officer: l Order: 6373570 Comment: 20030930003049.005 requrred by Lender under Section 5, and (d) Mortgage Insurance premiums, 1f any, or any sums payable by Borrower to Lender m heu of the payment of Mortgage Insurance premiums m accordance wrth the provmons of Section 1 O These items are called "Escrow ltems " At ongr.natton or at any time dunng the tenn of the Loan, Lender may require that Cornmumty Association Dues, Fees, and Assessments, 1f any, be escroWed by Borrower, and such dues, fees and assessments shall be an Escrow Item Borrower shall promptly furmsh to Lender all notices cf amounts to be paid under th.ts Section Borroi,:ver shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's obhga.tJ.on to pay the Funds for any or all Escrow Items Lender may warve Borrower's obhgatlon to pay to Lender Funds for any or aJI Escrow Items at any tune Any such waiver may only be m wrrbng In the event of such waJVer, Borrower shall pay duectly, when and where payable, the amounts due for any Escrow ]terns for winch payment of Funds has been v.raived by Lender and, 1f Lender requires, shall fimusb to Lender receipts evidencmg such payment wrthm such tune penod as Lender may require Borrower's obhgat10n to make such payments and to proV1de receipts shall for all purposes be deemed to be a covenant and agreement contained m tins Secunty Instrument as the phrase "covenant and agreement" 1s used m Sectmn 9 If Borrower JS obhgat.ed to pay Escrow Items dJrectly~ pursuant to a waiver, and Borrower fiuls to pay the amount due for an Escrow Item, Lender may exerc1se rts nghts under Section 9 and pay such amount and Borrower shaI1 then be obhgated under Sectmn 9 to repay to Lender any such amount Lender may revoke the waiver as to any or all Escrow Jtems at any tune by a notice given m accordance WJth Sect10n 15 and, upon such revocation, Borrower sbail pay to Lender ail Funds, and 1n such amounts, that are then requrretl under tlus Sect1on 3 Lender may, at anytrme, collect and hold Funds man amount (a) suffiCJent to penmt Lender to apply the Funds at the time speC1fied under RESPA, and (b) not to exceed the maximum amount a leader can require under .... RESPA Lender shall esnmate the amount of Funds d~e on the basis of current data and reasonable estimates of expenditures of future Escrow Items or otherwise m accordance With Applicable Law The Funds sha.U be held m an mstitut1on whose deposits are l!lSl.U"ed by a federal agency, mstrumentahty, or entity (mcludlng Lender, if Lender 1s an mst1tut10n whose deposits are so msured) or m any Federal Home Loan Bank Lender shall apply the Funds to pay tl!e Escrow Items no later than the rune spectfied under RESPA Lender shall not charge Borrower for hoJdmg and applymg the Funds, annually analyzmg the escrow account, or venfymg the Escrow Items, unless Lender pays Borrower mterest on the Funds and Applicable Law perrruts Lend.er to make such a charge Ualess an agreement 1s made m vmtmg or AppI1cab1e Law reqwres mterest to be paid on the Funds, Lender shall not be reqwred to pay Borrower any mterest or earnmgs an the Funds Borrower and Lender can agree m wntrng, however, that mterest shall be pa.1d on the Funds Lender shall gtve to Borrower, without charge, an annuaJ accounting of the Funds as requrred by RESP A If there is a surplus of Funds held m escrow, as defined under RESPA1 Lender shall account to Borrower for the excess funds m accordance -wttb RESP A If there is a shortage of Funds held m escrow, as defined under RESP A, Lender sha1I notify Borrower as required by RESP A, and Borrower shall pay to Lender the amount necessary to make up the shortage m accordance with RESP A, but m no more than 12 monthly payments If there 1s a deficiency of Ftm.ds held m escrow, as defined under RESP A, Lender shall notify Barro~ as reqmred by RESPA, and Borrower shall pay to Lender the amount necessary to make up the de:ficiency m accordance WI.th RESP A, hut m no more than 12 monthlypaJments Upon payment m fuU of all sums secured by tills Secuaty Instrument, Lender shall promptly refund to Borrower any Funds he1d by Lender 4. Charges; Liens. Borrower shall pay all tax.es, assessments, charges, fines, and IIDpOS1tlons attnbutable to the Property 'Nmch can attam pnonty over this Secunty Instrument, leasehold payments or ground rents on the Property, If any, and Community Association Dues, Fees, and Assessments, 1f any To the extent that these items are Escrow Items, Borrower sha:11 pay them m the manner proY.ided m Secb.on 3 Borrower shall promptly discharge any hen which has pnonty over tlus Secunty Instrument unless Borrower (a) agrees m wntmg to the payment of the obbgat.J.on secured by the hen m a manner acceptable to Lender, but only .so long as Borrower ts perforrnmg such agreement, (b) contests the hen 10 good faith b-y, or defends agamst enforcement of the hen m, le:gal proceedings wluch tn Lender's oplillon operate to prevent the enforcement of the hen \WI.le those proceed.mg..<; arc pending, but only mihl such proceedings are concluded, or (c) W.aslmigto11 Deed ofTrust-&ngl~ Fa.n:uly-Fantue "M.ae!Frcijd1e Mlle CNIFORM INSTRUMENT MERS Modtf'led Fol"ID.3948 01/91 -THEC~~"= me-llll~lllllll.ilflii'miu1,1111i1111~11ur ~-=:~~· GPMWD00t247833C117 KING,WA Document: TDD 2003.0930003049 Printed on 6/22/2006 9:35:35 AM Provided by Data Trace System Page 5 of 19 Officer: I Order; 6373570 Comment: 20030930003049.006 secures from the holder of the 11en an agreement satisfactory to Lender subordmat:mg the hen to this Secunty Instrument ]f Lender determmes that any part of the Property 1s subJect to a hen wtncb can attam pnonty over this Secunty Instrument, Lender may give Borrower a notice 1denbfyrng the hen W1thm 10 days of the date on "Nbich that notice Js given. Borrower shall satlsfy the hc1: or take one or more of the actions set forth above m this Section 4 Lender may regmre Borrower to pay a one-tune charge for a real estate tax venfication and/or reportlng semce used by Lender in connectron with th:is Loau 5. Property Insurance. Borrower shall keep the improvements now existmg or hereafter erected on the Property insured against Joss by fire, hazards mcluded w1tlun the term "extended coverage," and any other hazards mcludmg, but not lmuted to, earthquakes and floods, for wlnch Lender requrres insurance This insurance shaJI be mamtamed m the amounts (mcludmg deductible levels) and for the periods that Lender requires What Lender requues pursuant to the precedmg sentences can change dunng the term of the Loan The msurance earner providmg the msurance shall be chosen by Borrower subject to Lender's nght to disapprove Borrower's choice, which nght shall not be exercise.cl \mreasonably Lender may reqUu-e Borrower to pay, m connect.J.on with tbJ.s Loan, either (a) a one-tune charge for flood zone detennmat.10n, certificabon and trackmg services, or (b) a one~tune charge for flood zone detemuaab.on and cert1ficatLOn sefV!ces and subsequent charges each bme remappmgs or smular changes occur wlnch reasonably might affect such determmatlon or certification Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency m conriection with the reVJew of any flood zone detennmat:J.on resulting from an obJecoon by Borrower If Borrower fatls to roam.tam any of the coverages descnbed ahove, Lender may obtain insurance coverage, at Lender's option and Borrower's expense Lender 1s under no oblrgati.on to purchase any particular type or amount of coverage Therefore, such coverage shall cover Lender, but might or rrnght not protect Borrower, Borrower's equrty m the Property, or the contents of tb Property, against any nsk, hazard or hab1hty and nught provide greater or lesser coverage than was previously m effect Borrower acknowledges that the cost of the lllSurance coverage so obtamed might stgm:ficant]y exceed the cost of msurance that Borrower could have obtamed Any amounts disbursed by Lender under this Sectlon 5 sbaJI become additional debt of Borrower secured by this Secunty Instrument These amounts sbaU bear interest at the Note rate from the date of disburse~ and shall be payable, WJ.th such mterest, upon nouce from Lender to Borrower requestmg payment All msurance poI1e1es requrred by Lender and rcne\Vals of such pohc1es shall be subJect to Lender's nght to disapprove such pohc1es, shall mclude a standard mortgage clause, and shail name Lend.er as mortgagee and/or as an add!tlonaJ loss payee Lender shall have the nght to hoid the po11c1es and renewal certificates If Lender requrres, Borrower shall promptly give to Lender a[! receipts of paid premiums and renewa] notices If Borrower obtams any form of msurance coverage, not otherw1se required by Lender, for damage to, or destruction of, the Property, such pohcy shall mclude a standard mortgage clause and shall name Lender as mortgagee and/or as an addttiona1 loss payee In the event of loss, Borrower shall give prompt notlce to tbe msurance earner and Lender. lender may make proof of loss If not made promptly by Borrower Unless Lender and Borrower otbw.vise agree m wntmg, any msuranc-e proceeds, 'llbether or not the underJymg msura.nce was requrred by Lender, shall be apphed to restorabon or repau of the Property, tfthe restoration or reparr 1s econoffilcally feasible and Lender's secunty is not lessened Dunng such repair aod restoratmn penod, Lender shall have the ngbt to ho]d such msurance proceeds untd Lender has had an opportumty to m.spect such Property to ensure the work bas been completed to Lender's sat:Lsfa.cbon, provided that such mspection sbaU be undertaken promptly Lender may disburse proceeds for the reparrs and restorahon m a smgle payment or Ill a senes of progress payments as the work ts completed Unless an agreement 1s made rn wntmg or Apphcable law requm:s mterest to be paid on :such msurance proceeds, Lender shall not be requrred to pay Borrower any mterest or earnmgs on such proceeds Fees for pubhc adJusters, or other tlurd pa.roes, re tamed by Borrower shall not be paid out of the insurance proceeds and sha1I be the sole obhgatlon of Borrower If the restorab.on or repau ts not econoD11caJly feasible or Lender's secunty would be lessened, the ms.urance proceeds shall be appbed to the sums secured by tb1s Secunty Instrument, whether or not then due, wrth the excess, 1f aoy, paid to Borrower Such msurance proceeds sbaH be applied m the order provided form Section 2. W:1sbmgronDttd ofTrus.t-Smgl.~Famlly.F:1111:neMat!Fredd1e Mll~ FNIFORMINSTRUMENT MER.SMowfied Fonn3048 111~1 -JHEC~~~~ ~C-m111111111:,~iii'im111111m;n1mnr T• -=~ ~ G p M W O O O 8 2 4 7 a 3 3 0 1 1 7 K!NG,WA Document: IDD 2003.0930003049 Printed on 6/22/2006 9:35:35 AM Provided by Data Trace System Page 6 of 19 ·1 Officer: J Order: 6373570 Comment: 20030930003049.007 If Borrower abandons the Property, Lenjer may file, negotiate and settle any available insurance claun and rda1ed matters If Borrower does not respond mthm 30 days to a notice from Lender that the msurance earner bas offered to settle a claun,. then Lender may negotiate and settle the claun The 30-day pc:nod will begin when 1he notice 1s given 1n either event, or 1f Lender acqurres the Property under Section 22 or otheIWise, Borrower hereby asS1gns to Lender (a) Borrower's nghts to any insurance proceeds 10 an amount not to exceed the amounts unpaid under the Note or this Secunty 1nstrument, and (b) any other of Borrower's nghts (ofuerthan the nght to :any refund of 1mearned prerruums paid by Borrower) under all msurance pohc1es covenng the Property, mso:far as 5UCb ngbts are appbcable to the coverage of the Property Lender may use the msurance proceeds either to repair or restore the Property or to pay amounts unpaid under tbe Note or this Secunty Instrument, whether or not then due 6. Occupancy. Borrower sbaU occupy, establish, and use the Property as B0rrower1s pnnc1pal residence withm 60 days after the execut10n of this Secunty Instrument and shall contmue to occupy the Property as Borrower's pnnc1pal reS1dence for at least one year after the date of occupancy, unless Lrnder otherwise agrees m wntmg, whlch consent shaJl not be unreasonably Milibeld, or -unless extenuatmg CirCUrnstances extst which are beyond Borrower's control 7~ Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage or :unparr the Property, allow the Property to detenorate or comnnt waste on the Property 'W'hether or not Borrower IS residing m the Property, Borrower shaU mamtam the Property m order to prevent the Property from detenoratmg or decreasmg m value due to 1ts concbt10n Unless 1t 1s detennmed pursuant to Sect.Jon 5 that repair or restoratwn 1s not econorrncally feastble, Borrower shall promptly repair the Property 1f damaged to avo1d further detenoration or damage If insurance or condernnatwn proceeds are pa.id m connectton mth damage to, or the takmg of, tbe Property, Borrower shall be responsJ ble for repair mg or restonng the Property only if Lender has released proceeds for such purposes Lender may disburse proceeds for the reparrs and restoration m a smgl.e payment or m a senes of progress payments as the work 1s completed. If the msurance or condemnation proceeds are not sufficient to repai.r or restore tbe Property, Borrower 1s not relieved of Borrower's obhgatJon for the .completion of such repair or restoration · 1..(:nder or its agent may make reasonable entnes upon and lilSpecbons of the Property If 1t has reasonable cause, Lender may mspect the mtenor of the improvements on tbe Property Lender shall give Borrower notice at the tune of or pnor to such an mtenor mspection spec1fymg such reasonable cause 8. Borrower~s Loan Apphc:ahon. Borrower shall be m default if, dunng the Loan apphcatmn process, Borrower or any persons or entJ.t.Jes acting at the direction of Borrower or with Borro-wer's knowledge or consent gave matenally false, mislead.mg, or maccurate mformat:l.on or statements to Lender (or failed to proVlde Lender wrtb matenal mforrnation) m connect:J.on \\'1th the Loan Matenal representations mclnde, but are not hnnted to, representations concemmg B0rrower1s occupancy of the Property as Borrower's pnnctpaJ residence 9. P:rotection of Lender's btt-erest m the Property. and Rights Under this Security Instrument. If (a) Borrower falls to perform the covenants and agreements contained m this Secunty Instrument, (b) there 1s a legal proceedmg that might s1gmficantly affect Lender's mterest m the Property and/or ngbts under tlus Secunty lnstrument (such as a proceeding m bankruptcy, probate, for condemnatmn or forfeiture, for enforcement of a hen whtch may attam pnonty over tins Secunty Instrument or to enforce ]aW1; or regulations), or (c) Borrower bas abandoned the Property, then Lender may do and pay for whatever 1s reasonable or appropnate to prote.ct Lender's interest m the Property and ngbts under this Security Instrument. mcludmg protectJ.ng and/or assessing the value of the Property, and secunng and/or repamng the Property Lender's actJ.ons can mclude, but are not Imuted to (a) pa)'lng any sums secured by a l1en which has pnonty over tlus Secunty Instrument, (b) appeanng rn court, and (c) paying reasonable attorneys' fees to protect its mterest m the Property aod/or nghts under thts Secunty lnstmment. mclucbng its secured poSitJ.on m a bankruptcy proceechng Secunng the Property mcludes, but is not Iumted to> entenng the Property to make repau-s, change locks, replace or board up doors and wmdows, dram wa1er from pipes, elmnnate bmldmg or other code VJ.olaboos or dangerous condrllons, and have utihtJ.es turned on or off Although Lender may take action under thts Section 9, Lender does not have to do so and 1s not under any duly or obhgab.on to do so It IS agreed that Lender mcun:; no hab1hty for not takmg any or all aci.lons authonzed under fins Sect>on 9 Washington D«d orTnist-Smglc fannly-Fannte MBe/F:redd1e Mac UNIFORM INSTRUMENT MERS Modi.lied Form 3048 01All -1HEC~=~ 2 ~~!NC-lllllllllmlriim•~ii1111u111~111101'·~~!:~~= G P M W D O O 8 2 4 7 S 3 3 0 t 1 7 KING,WA Document: IDD 2003.0930003049 Printed on 6/22/2006 9:35:36 AM Provided by Data Trace System Page 7 of 19 1 ,fficer: I Order: 6373570 Comment: 20030930003049.008 Any amounts disbursed by Lender under this Sectlon 9 shall become add111ona1 debt of Borrower secured by tlns Secunty Instrument These amounts shall bear mterest at the Note rate from the date of disbursement and shall be payable, with such mterest. upon notice from Lender to Borrower request.mg payment If tlns Secunty Instrument ts on a leasehold, Borrower shall comply mtb all lhe prov1S1onS of the lease If Borrower acqmres fee title to the Property, the leasehold and the fee trtle shall not merge Uilless Lender agrees to the merger m 'Mltmg 10. Mortgage Insurance. If Lender reqm.red Mortgage Insurance as a concht..ion of makmg the Loan, Borrower shall pay the premn:uns required to marntam the Mortgage Insurance m effect: If, for any reason, the Mortgage Insurance coverage requrred by Lender ceases to be avrulable from the mortgage msurer that previously provided such msurance and Borrower --was reqmred to make separately designated payments toward the premiums for Mortgage Insurance, Borrower sha11 pay the premiums requtred to obta.J.n coverage substantJaJJy equrvalent to the Mortgage Insurance previously m effect, at a cost substantially equtvalent to the cost to Borrower of the Mortgage Insurance previously m effect, from an alternate mortgage 1arocer selected by Lender If substantially equrvalent Mortgage Insurance coverage 1s not available, Borrower shall contmue to pay to Lender the amount of the separately designated payments that were due when tbe msurance coverage ceased to be ID effect Lender will accept. use and retain these payments as a non-refundable loss reserve m heu of Mortgage lnsurance Such loss reserve shall be non-refundable, not\.Vltbstandmg the fact that the Loan 1s ultnnately paid m full, and Lender shall not be reqt11red to pay Borrower any mterest or earnmgs on such loss reserve lender can no longer reqwre loss reserve payments 1f Mortgage Insurance coverage (m the amount and for the penod that Lender requires) provided by an insurer selected by Lender aga.m becomes available, 1s obtamed., and Lender requires separately designated payments toward the premtums for Mortgage Insurance If Lender reqmred Mortgage Insurance as a cond1tJon of makmg the Loan and Borrower was required to make separately designated pa:yments toward the premiums for Mortgage fns:urance 1 Borrower shall pay the premrmns required to mamtam Mortgage Insurance m effect,, or to provide a non-refundable loss reserve, until Lender's requuement for Mortgage !nswance ends m accordance Wlth any wntten agreement between Borrower and Lender proVldmg for such terrmnatlon or until ternnnatJ.on IS required by Applicable Law Nothing m this Sectmn 10 affects Borrower's obhgatwr. to paymterest at the rate provided m the Note Mortgage Insurance reunburses Lender (or any entity that purchases the Note) for certam losses 1t may mcur 1f Borrower does not repay the Loan as agreed Borrower 1s not a pa:rty to the Mortgage Insurance Mortgage msurers evaluate tberr total nsk on all such msurance m force from tune to tune 1 and may enter mto agreements with other parties that share or modify therr nsk, or Teduc_e losses These agreements are on terms and condrbons that are satisfactory to the mortgage msurer and the other party (or parties) to these agreements These agreements may requrre the mortgage msurer to make payments-usmg any source of funds that the mortgage msurer may have available {\Vh1ch may include funds obtamed from Mortgage Insurance premiums) As a result of these agreements, Lender, any purchaser of the Note, another msurer, any remsurer, any other entity, or any affihate of any of the foregoing, may receive (drrectly or mdlrectly) amounts that derrve from (or might be cbaractenzed as) a portion of Borrowe-r's payments for Mortgage Insurance, m exchange for shanng or mod1fymg the mortgage msurer's nsk, or reducmg losses If such agreement proVtdes that an affihate of Lender takes a share of the u~urer's nsk m exchange for a share of the prellllUIDS paid to the insurer, the arrangement is often termed "captive reinsurance " Further (a.) Any such agreements will not affect the .amounts that Borrower bas agreed to pay for Mortgagf Insurance, or any other terms of the Loan. Such agrttments will not increase the amount Borrower will owe ror Mortgage Insurance, and they wm not entitle Borrower to any refund. (b) Any such agreements will not affect the rights Borrower bas -jf any -w:ith respect to the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law. These nghts may include the right to receive certain disclosures1 to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance ternnnated automatically, :and/or to receive a refund of any Mortgage Insurance premhuns that Wfre unearned at the time of such tanceJlation or termination. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be p8.ld to Lender Wuhmgton Deed ofTnl$t-&.ngle Famaly-FanmE M.ae/F:redd1e Mac 1".NIFORM INSTRUMENT MERS Modified Form 3048 01.IOl -THE c!.~~~UR~ ~c-IIIIIIIIIII II! 111ii~ii~1111n11111111~1111 =-=;:~ ~ G P M W D O O S 2 4 7 6 3 3 0 1 1 T KING,WA Document: TDD 2003.0930003049 Printed on 6/22/2006 9:35:36 AM Provided by Data Trace System Page 8 of 19 ·1. Jfficer: I Order: 6373570 Comment: 20030930003049.009 If the Property 1s damaged, such Miscellaneous Proceeds shall be app11e.d to restoration or repau-of the Property, 1fthe restoratton or repair IS econom1cally feasible and Lender's secunty 1s not lessened Dunng such reparr and restoration penod, Lender shall have the nght to hold such Miscellaneous Proceeds until Lender has bad an opportunity to mspect such Property to ensl.!re the work has been completed to Lender's saiJ:sfaCUon, pcovided that such mspect.Jon shall be undertaken promptly Lender may pay for the repairs and restoration m a smgle disbursement or rn a sen es of progress payments as the work 1s completed Unless an agreement is made m wnbng or Apphcable Law requtres mterest to be paid on such Miscellaneous Proceeds, Lender shall not be requrred to pay Borrower any interest or earrungs on such MsceTianeous Proceeds If the restoration or reparr 1s not economically feasible or Lender's secunty 'WOUid be lessened, the M1scel1aneous Proceeds shall be applied to the sums secured by t.h1s Secunty Instrument, whether or not then due, with the excess, 1f any, paid to Borrower Such Miscellaneous Proceeds shall be appbed. m the order provided form Sectton 2 In the event of a total tak:mg, destruct10n, or loss m value of the Property, the Miscellaneous Proceeds shall be apphed to the sums secured by th.is Secunty Instrument, whether or not then due, with the excess, if any, paid to Borrower In the event of a partial takmg, destruction, or loss 10 value of the Property m which the farr market value of the Property l0lffiedi.ate1y before the partla! takmg, destruction, or Joss m value 1s equal to or greater than the amount of the sums secured by this Secunty Instrument 1mmed1ately before the partial tak.mg, destructwn, or loss m valuei 'Unless Borrower and Lender otherwJse agree m \VTitmg, the sums secured by tbts Secunty Instrument sbalJ be reduced by the amount of the M1sce1laneous Proceeds mulbphed by the fo11owmg fraction (a) the total amount of the sums secured immediately before the partial ta!a.ng, destruction, or loss m value drnded by (b) the falf market value of the Property immediateJy before the partial takmg, desf;rucbon, or loss m value .Any ba]ance sha11 be paid to Borrower In the event of a partrn1 taking, destruction, or loss m value of the Property In which the farr market value of the Property umned.cately Defore the parttaf taking, destrucbon, or loss m value JS less than the amount of the sums secured 1mmedaately before the parti.al takmg, destruct10n, or loss. m va]ue, unless Borrower and Lender otherwise agree m vvr1tmg, the M1sce:Uaneous Proceeds shall be apphed to the sums seemed by tins Secunty Jnstrument whether or not the sums are then due If the Property is abandoned by Borrower, or if, after nonce by Lender to Borrower tl:tat the Op_posmg Party (as defined m the next sentence) offers to make an award to settle a claun for damages, Borrower fails to respond to Lender mth.m 30 days after the date the notice 1s given, Lender is authonzed to collect and apply the Miscellaneous Proceeds either to restorati.or.i or repair of the Property or to the sums secured bythrs Secunty Instrument, \Vb.ether or not then due "Opposmg Party' means the third party that owes Borrower Miscellaneous Proceeds or the party agamst whom Borrower has a ngbt of actlon rn regard to Miscellaneous Proceeds Borrower shall be m default if any actmn or proceeding, whether CIVll or crumnal, 1s begun that, m Lender's Judgment, could resu1t m forfeiture of the Property or other matena1 nnpamnent of Lender's mterest m the Property or nghts under tlns Secunty Instrur.1ent B-orrower can cure such a default and, 1f acceleratwn has occurred, remstate as prOVlded m Section 19, by causmg the action or proceedmg to be dmrussed m1b a ruhng that, m Lender's JUdgmen't;. precludes forfeiture of the Property or other material rmpaument of Lender's interest m the Property or nghts under thts Secunty Instrument The proceeds of any award or claun for damages that are attnbutable to the unpalml.ent of Lender's mt ere st m the Property are hereby assigned and shall be paJd. to Lender All M1scella.neous Proceeds that are not apphed to restora:tJon or repau of the Property shall be appbed m the order provided for m Section 2 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extensmn of the tune for payment or modification of amortlzatJon of the sums secured by this Secunty Instrument granted by Lender to Borrower or any Successor m Interest of Borrower smll not operate to release the bab1bty of Borrower or any Successors m Interest of Borrower Lender shall not be reqmred to commence proceedmgs agamst any Successor m Interest of Borrower CK to refuse to extend time for pa)'r:lent or otherwise modify amortization of the sums secured by this Secunty Instrument by reason of any demand made by the ongmal Borrower or any Suc.cessors m Interest of Borrower AI1y forbearance by Lender m exercrsmg any nght or remedy mdudmg, without hm1tanon, Lender's Washmgton Dud t1fTrusl·Smgle FrumJy·FanmcMaelFreddte :Mac "lJNIFORMINSTRUMENT .MERS Ml>ddied Form 3048 tt/81 -TH&C~~~~~ INC-1111111111~11~i1im·1~11~11H1m~1~~-11111 • Tu-=~,'.~ GPMWD00824 7833 P117 KING,WA Document: IDD 2003.0930003049 Printed on 6/22/2006 9:35:37 AM Provided by Data Trace System Page 9 ofl9 T, fficer: 1 Order: 6373570 Comment: 20030930003049.010 acceptance of payments from thrrd persons, entities or Successors m Interest of Borrower or m amounts less than the amount then due, sball n6t be a waiver of or prec1ude the exercise of any nght or remedy 13. Joint and Several Liab1hty; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obhgat:J.ons and hab1hty shall be: Jomt and several However, any Borrower who co-SJ.gns this Secunty Instrument but does not execute the Note (a "co-signer'') (a) 1s co-s1gnmg this Secunty Instrument only to mortgage, grant and convey the co-signer's interest m the Property under the terms of th1s Secunty Instrument, (b) 1s not personally obhgated to pay the sums secured by tins SecW1ty Instrument, and ( c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommoda'bons Wlth regard to the terms oftlus Secunty Instrument or the Note mthout the co-signer's oonsent SubJect to the proviswns of Sectwn 18, any Successor m Interest of Borrower who assumes Borrower's obhgatJ.ons under this Secunty Instrument m \Vntmg, and is approved by Lender1 shall obtam all of Borrower's nghts and benefits under this Secunty Instrument Borrower shaU not be released from Borrower's obhgatJons and hab1hty Under this Secunty lnstrumeot unless Lender agrees to such release rn vmtmg Toe covenants and agreements oftb:Js Secunty Instrument shall bmd (except as proVlded m Sechon 20) a.nd benefit the successors and aSSigns of Lender 14. Loan Charges. Lender may charge Borrower fees for semces performed m cormection with Borrower's default, for the purpose of protect:mg Lender's mterest m the Property and nghts under th1s Secunty Instrument, mcludmg, but not hm1ted to, attorneys' foes, property mspection and valuatJ.on fees In regard to any other fees, the absence of express authonty m this Secunty Instrument to charge a specific fee to Borrower shall not be construed as a proh1b1tion on the chargmg of such fee Lender may not c~ge fees that are expressly prob1b1ted by tins Secunty lnstrument or by Appbcable Law If the Loan 1s subJect to a law-wb.1ch sets maxmrum loan charges, and that law 15.finaUy mterpreted so that the interest or other loan charges collected or to be collected m coru1ect1on 'Mth the Loan exceed the pernutted lumts, then {a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the perrrutted lnmt, and (b) any sums already co11ected. from Borrower which excCCded pernntted JIJnits Will be refunded to Borrower Lender may choose to make this refund by reductng the pnnc1pal owed under the Note or by malang a direct payment to Borrower lf a refund reduces pnnc1pai the reduction will be treated as a partial prepayment without any prepayment charge {whether or not a prepayment charge lS provided for under the Note) Borrower's acceptance of any such refund made by direct payment to Borrower will constltute a waiver of any nght of action Borrower m1gh(bave ansmg out of such overcharge 15. Notices. All notices given by Borrower or Lender m connection with this Secunty Instrument must be m wr1tmg Any notice to Borrower m connection WJt.1 this Secunty Instrument shall be deemed to have been given to Borrower "When a:ra.lled by first class mail or wben actuaJly delivered to Borrower's nonce address 1f sent by other means Not.ice to any one Borrower shall constitute notice to all Borrowers unless Apphcab1e Law expressly requires otberwJse The notJce address shall be the Property Address unless Borrower has designated a substitute notice address by notrce to Lender Borrower shall promptly notify Lender of Borrower's change of address If Lender specifies a proce.dure for report.mg Borrower's change of address, then Borrower shall only report a change of address through that specified procedure Th~re may be only one designated notice address under tlus Secunty Instrument at any one tune Any no'bce to Lender shall be given by de1ivermg 1t or by matlmg it by first class mail to Lender•s address stated herein unless Lender has designated another address by notice to Bouower Any not.J.ce m connectlOJl wrth this Secunty Instrument shall not be deemed to have been given to Lender until actually received by Lender If any notlce required by th.ts Secunty Instrument 1s also required under Applicable Law, the Applicable Law reqwrement "'111 satisfy the correspondmg requirement under this Secunty Instrument 16. Goveming Law; Severabillty; Rules of CDnstruction. Th1s Secunty Instrument sbaU be governed by federal law aod the law of the Jurtsdicbon m which the Property 1s located All nghts and obhgatJons contamed m tins Secanty Instrument are subJect to any reqmrements and lurntatmns of Applicable Law Apphcable Law mtgbt exphc:rtly or 1mphc1tly aTiow the parties to agree by contract or it might be sileot, but such silence shall not be construed as a prohtbitlon agamst agreement by contract In the event that any proVISJon or clause of this Secunty Wasln:ngto• Deed orT:rust-Smg:le Famly-Fanrue Mae/Fnild1e Mac UNIFORM INSTRUMENT MERS Modified For.m 3~8 fH/01 -THEC!~~~~:~oo:~ INC-11111111111 m 1ii~ii1ii11111u1u1111111111mm1 · ~ ~~::~ ~ G P M W D O O B 2 4 7 B 3 3 O 1 1 7 KlNG,WA Document: TDD 2003.0930003049 Page 10 of 19 Printed on 6/22/2006 9:35:37 AM Provided by Data Trace System 1. Jfficer: I Order: 6373570 Comment: 20030930003049.011 Instrument or the Note conflicts with Apphcab}e Law, such conthct shall not affect other provisions ofth1s Secunty Instrument or the Note 'Winch can be g1veu effect without the confhctmg prov1S1on As used m tlus Secunty Instrument (a) words of 1be masculme gender shall mean and mclude corresponding neuter words or words of the femmme gender, (b) words m the smgalar shall mean and mclude the plural and vzce versa, and {c) the word "may'"' gives sole discretion without any obhgatton to take any action 17. Borrower's Copy. Borrower shall be gtven one copy of the Note and of this SecuntJ Instrument 18. Transfer of the Property or :a Beneficial Interest in Borrower. As used m this Section 18, 1'Interest m the Property' means any legal or beneficial mterest m the Property, mcludmg, but not lumted to, those beneficial mterests transferred ma bond for deed, contract for deed, mstaJlment sales contract or escrow agreement, the mtent of ,vlncb rs the transfer of nae by Borrower at a future date to a purchaser If all or any part of the Property or any Interest m the Property 1s sold or transferred ( or 1f Borrower 1s not a natural person and a beneficial mterest m Borrower 1s sold or transferred) without Lender's pnor wntten consent, Lender may requrre mlJilediate payment m full of all sums. secured by tlus SeClll"Ity Instrument However, this option shall not be exerCJsed by Lender 1fsucb exercise is prohibited by Applicable Law If Lender exercises th.ts option, Lender shall give Bonower nonce of acceleratJon The notice shaU proVIde a penod of not less than 30 days from the date the not.Ice 1s given m accordance wrtb Sectrnn 15 withm which Borrower must pay all sums secured by this Secunty Instrument If Borrower f.uls to pay these sums pnor to the exprrauon of thts penod, Lender may mvoke any remedies perrmtted by this SecUnty Instrument without further notice or demand on Borrower 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certam cond11J.ons1 Borrower shall have the nght to have enforcement of tlus Secunty Instrument chscontmued at any tune pnor to the earliest of (a) five days before sale of the Property pursuant to any. power of sa]e contamed m this Secun.ty Instrument, (b) such other penod as Applicable Law Imght specify for th~ termmatmn of Borrower's nght to remstate, or (c) entry of a Judgment enforcmg this Secunty Instrument Those conditions are that Borrower (a) pays Lender all sums which then would be due under th.is Secunty lnStri.Jment and the Note as 1fno accelerab.on bad occurred, (b) ·cures any default of any other covenants or agreements, (c) pays all expenses mcurred m enforcmg tlus Securrl)' lnstrume11t, mcludmg, but not hnuted to, ri::asonabJe attorneys' fees, property mspection and valuatlon fees, and other fees mcurred for the pUipose of protecting Lender's mteres.t m the Property and nghts under this Secunty Instrument, and (d) takes. such action as lender may reasonably requJTe to assure that Lender's mterest m the Property .md ngbts under this Securrty Instrument, and Borrower's obligation to pay the sums secured by tlus Secunty Instrument, shall continue unchanged Lender may require that Borrower pay such remstatement sums and expenses m one or more of the following fonns, as selected by Lender (a) cash, (b) money order, (c) cert,fiod check, bank check, treasurer's check or casb.J.er's check, provided any such check 1s drav:m upon an mslltut1on whose deposrts are insured by a federal agency, mstrumentahty or entity, or (d) Electromc Funds Transfer Upon remstatement by Borrower, this Secunty Instrument and obligations secured hereby shall_ remain fu1ly effectrve as tf no acceterat10n had occurred However, this nght to remstate sha1l not apply m tbe case of acceleratlon under Section 18 20. Sale of Note; Change of Loan Sen:icer; Notice of Grievance. The Note or a partial mterest m the Note (together wrth tlns Secunty Instrument) can be sold one or more times without pnor nol.Jce to Borrower A sale might result m a change m the entrty (kno'ND. as the "Loan Semcer'"') that collects Penochc Payments due under the Note and t1ns Security Instrument and performs other mortgage loan SCIY1cmg obhgations under the Note, this Secunty Instrument, and A_pphcable law There also IIDgbt be one or more changes of the Loan SeIVJcer unrelated to a sale of the Note If there 1s a change of the Loan Scmcer, Borrower wtll be gt Ven 'WJJ.tten notice of the change wb.J.ch 'Wl.11 state the name and address of tJ.ic new Loan Serv1cer, the address to which payments should be made and any other mforrnabon RESPA requires m connect1ou Wtth a notice of transfer of semcmg If the Note 1s sold and thereafter the Loan 1s serviced by a Loan Servicer other than the purchaser of the Note, the mortgage Joan servicing ob]1gatJoru. to Borrower will remain with the Loan Semcer or be transferred to a successor Loan Semcer and are not assumed by the Note purchaser unless otherwise proVJded by the Note pm chaser Neither Borrower nor Lender may commence, Jom, or be Jomed to any Judicial action (as either an 10dlv1duaJ lrtJgant or the member of a class) that anses from the other party's actions pursuant to tb.1s Secunty W.a.shmgtollDeed ofTnist-Smglc Farm!y-Faume M11.dFredd1e :M.i.c UNIFORM INSTRUMENT MERS Modified Fonn 3048 OlJOl -THE c~:!~~~:~ ~c-l~I~ lllli I~ I J~jj ii1i11ii~ m 1111111 m llffi!II ~11·· ~ ~~~::'.:~~ 8 P M W D O O O 2 ~ 7 S 3 3 0 1 1 7 KING,WA Document: TDD 2003.0930003049 Printed on 6/22/2006 9:35:38 AM Provided by Darn Trace System Page 11 of 19 1 Jfficer: 1 Order: 6373570 Comment: 20030930003049.012 Instrument or tbat a1leges that the other party has breached any prov1S1on of, or any duty owed by reason of, this Secunty Jnslrument, until such Borrower or Lender has not:J:fied the other party (wrth such oohce given in comphance with the requrrements of Section 15) of such alleged breach and afforded the other party hereto a reasonable penod after the gtvmg of such notice to take correctJve actJon If Apphcab1e !.aw proVldes a tune penod which must elapse before certam action can be taken, that trrne penod will be deemed to be reasonable for purposes of tins paragraph The nonce of aocc:lcratmn and opporturuty to cure given to Borrower pursuant to Section 22 and the nohce of acceleration given to Borrower pursuant to Section I 8 shall be deemed to satisfy the notice and opportumty to take correcuve actron proVlsions of this Sectmn 20 21. Hazardous Substances. As used m this Secbon 21 (a) "Hazardous Substances" are those substances defined as toxic or ha.i.ardous substances, polluta::its, or \Vastes by EnvirorunentaJ Law and the followmg substances gasolme, kerosene, other flammable or toxic petroleum products, toxic pesncides and herbicides, volatile solvents, matenals contammg asbestos or formaldehyde, and radioactrve matenals, (b) "Environmental Law"' means federal laws and la-ws of the JUnschcbon where the Property 1s located that relate to health, safety or envrronmental protcctzo.n., (c) "Envuonmental Cleanup" includes any response actmn, remedJa.l action, or removal action, as defined m Envrronmental Law, and (d) an «Envrronment,d Condition" means a condition that can cause, contnbute to, or otherwise tngger an Envuonmental Cleanup Borrower shall not cause or perrrn t tbe presence, use, disposal, storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substances, on or 1n the Property Borrower sbal1 not do, nor allow anyone else to do, anythmg affectmg the Propert:.v (a) that 1s m violation of any Environmental Law, (b) wt11ch creates an EnVIronmental Cond1bon, or (c} which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely affects tbe value of the Property The precedmg two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally rec0gmzed to be appropnate to nonnal residential uses and to mamtena.nce of the Property (mcludmg, but not Jnntted to, hazardous substances 1n consumer products) Borrower shall promptly give Lender vmtten not.lee of (a) any mvesb.gation. claun, demand, lawsuit or other act:Jon by any governmental or regulatory agency or pnvate party mvolvm,g the Property and any Hazardous Substance or EnV1Ionmental Law of which Borrower has actual knowledge, (b) any EnVJronmental Condrtaon,. mcludrng but not hmrted to, any sp1Ihn& leaking, dlscharge, release or threat of release of any Hazardous SUbstance, and ( c) any cond1t:10n caused by the presence, use or release of a Hazardous Substance which adversely affects the valµe of the Property If Borrower learns, or is notified by any governmental or regulatory authonty, or anypnvate party, that any removal or other remediation of ar.y Hazardous Substance affectmg the Property 1s necessary, Borrower shall promptly take all necessary reoedial acuons m accordance WI1h EIIVIronmental Law Notbmg herem sbal] create any obhgahon on Lender for a:1 Environmental Cleanup NON-UNIFORM COVENANTS Borrower and Lender further covenant and agree as follows 22. Ac.ce1eration; Remedies. Lender shall give notice to Borrower prior to acc.e-Jeration foJlowing Bouower's breach of any coveDant or agr-cement in this Security btstrument (but not prior to acceleration under Section 18 un]ess Applicable Law provides othe-rwise). The notice shall specify: (a) the default; (b) the acbon required to cure the default; (c) -a date, not less th-an 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) th-at failure to cure the default on or before the date speofied in the notice may result in accelen1tion of the :rums secured by this Security Instrument and sale of the Property at public aucbon at a date not less than 120 da,ys in the future. The notice shalJ further inform Borrower of the right to reinstate after acceleration 1 the right to bring a court action to assert the non- existence of a default or any other defense of Borrower to acceleration and sale, and any other matters reqmred to be included bt the notice by Applicable Law. If the default is not cured on or before the date specified in the notice, Lender at its ophon, may require immediate paymeJJt m full of all sums-secured by this Security Instrument mtbout further demand and may invoke the power of sale and/or arty other remedies permitted by Applicable Law. Lender shall be entitled to collect an expenses Jncurred in pursuing Wash1ngtvn Di:ed ofTrusl-Smgle F8.Dllty-F.aun1e Mae/hedd1e M11c UNIFORM INSI'RUMENT MERS Moddied Form 3048 fl/81 -1TIE~~~~~:~ INC-lfllilllll llrl, ,~ii mmii11111111111111,~11111r ~ -=i~~ G P M W D C O ! 2 4 7 6 3 3 O 1 1 7 KING,WA Document: IDD 2003.0930003049 Page 12 of 19 Printed on 6/22/2006 9:35:38 AM Provided by Data Trace System 1 Jfficer: J Order: 6373570 Comment: 20030930003049.013 the remedies provided in this Section 22, includmg, but not limited to, reasonable attorneys' fees and i;osts of title evidence. If Lender mvokes the power of sale, Lender shall give written notice tv Trustee of the <>ecnrrence of an event of default and of Lender's election to cause the Property to be sold. Trustee and Lender shall t.ake such action regarding notice of sale and shall give such notices to Borrower and to other persons as Applie2ble Law may require. After the tune required by Applicable L2w and after publication of the notice of s.ale, Trustee, without demand on Borrower, shaH seU the Property at public aucb.on to the highest bidder st the time and place and under the terms designated JD the notice of sale m one or more parcels a:od in any order Trustee determines. Trunee may postpone sale of the Property for a period or perJods permitted by Apphcable Law by pub1ic :announcement :at the time and p1:ace fixed m the notice of sale. Lender or its designee may purchase the Property at any sale. Trustee shall deliver to the purchaser Trustee's deed Conveymg the Property without any covenant or warranty, expressed or implied. The recitaJs in the Trustee's deed shall be pnma facie evidence of the truth of the statements made therein. Trustee sba]l apply the proceeds of the sale in the foJlowing order- (-a) to aJl expenses of the sale, including, but not limited to, reasonable Trustee's and attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legaJly ent:Jtled to it or to the clerk of the superior court of the county in which the sale took plaee. 23. Reconveyance. Upon payment of al1 sums secured by this Secunty Instrument, Lender shall request Trustee to reconvey_ the Property and sball surrender this Secunty Instrument and all notes evtdencmg debt secured by this Secunty Instrument to Trustee Trustee shall reconvey the Property \Vltbout warranty to the person or persons legally ent.J.tled to rt Such person or persons shall pay any recordanon costs and the Trustee's fee for prepanng the reconveyaoce 24. Substitute Trustee. In accordance vnth Applicable Law, Lender may from time to time appoint a successor trustee to any Trustee appomted hereunder who has ceased to act Without conveyance of the Property, the successClitrustee shall succeed to all the title, power and dunes conferred upon Trustee herem and by Apphcahle Law 25. Use of Property. The Property JS not used pnnc1pally for agncultural purposes 26. Attorneys' Fees. Lender shall be entitled to recover its reasonable attorneys' fees and costs m any action or proceed mg to construe or enforce any term of thtS Secunty Instrument The term "attorneys, fees", whenever used m tlns Secunty Instrumer.t, sha11 mclude wrthout hn11tatJ.on attorneys' fees mcurred by Lender many bankruptcy proceeding or on appeal ORAL AGREEMENTS OR ORAL COMMITMENTS TO LOAN MONEY, EXTEND CREDIT, OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT ARE NOT ENFORCEABLE UNDER WAS!IlNGTON LAW. BY SIGNING BELOW, Borrower accepts and agrees to the teims and covenants contamed m thts Secunty Instrument and m any Rider executed by Borrower and recorded with rt Washmgb.rn Deed ofTrust·Smgl~ Fa.mi!y·F.11.nni.e Mae/Freddie Mli,,c UNIFORM ffiSTRUMENT MERS Modified Form 3848 011111 -1TI·c.~~~~~~ INC-1111111111: 1111 ~iii~11im~,1 H111111~1111111mr n.~.=;:!.~ GPMWDOOB2478330117 KING,WA Document: TDD 2003.0930003049 Page 13 ofl9 Printed on 6/22/2006 9:35:39 AM Provided by Data Trace System T fficer: l Order: 6373570 Comment: Wrtoesses Pnnted Name [Please Complete) PnntedName [Pl6ase Campfr,/e} 20030930003049.014 (Seal) -Bcu:ro\\'Cr [Prml.edNameJ (Seal) -Boll'O'M!:r [Ptmted Name] (Seal) -Boirol.\o'U {Pnn!ed Name] (Seal) -Borrower [Prmted Name] _____________ {Acknowledgment on FoHowmg Page] ____________ _ Washington Dttd o!Trust-Smgi~ Fll!Dl!y-Fann1.eM&elFredd1e Mac UNIFO:RMINSI'RUMENT MERS Modlfied Form.3048 Uli'lll -THEC~~~~~~~INC-11mm11rn11~~ii~i1ii11111111111111111rT~-~~.~~ G P M W O O O 8 2 4 7 8 3 3 a 1 1 7 KING,WA Document: TDD 2003.0930003049 Pagel4ofl9 Printed on 6/22/2006 9:35:39 AM Provided by Data Trace System 1. Jfficer: 1 Order: 6373570 Comment: State of U/J!1 f, tJh ;.) County of j:;1,.J § § ss § I certify that I know or have satts.factory ev1dence that 20030930003049.015 ,_/":, ~ [name. of person] IS the person who appeared before ~sY-~ :;a.1d person(s) acknowledged that (he/sb~1gned this mstrument and acknowledged 1t to be (lus/her~ee and voluntary act for the uses and purposes mentioned m the mstrwnent Dated "!-2-S -0? (Seal) KING,WA Document: TDD 2003.0930003049 (T,tl~£7? ~/ ;,; tr~'Uv.£ (Place of Residence ofNotacy Publu:.) Printed on 6/22/2006 9:35:40 AM Provided by Data Trace System , ,~1,J-!VE FM {Prmt.erJ Nsme] Page 15 of 19 1 ,fficer: I Order: 63 73 570 Comment: 20030930003049.016 Loim Number: 0082478330 ADJUSTABLE RATE RIDER (LIBOR Index -Rate Caps) THIS ADJUSTABLE RATE RJDER 1s made this 24th day of September, 2003, and 1s mcorporated mto and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt {the "Secunty Instrument") of the same date gJVen by the undersigned (the "Borrower''") to secure the Borrower's Note to GreenPoint Mortgage Fundmg, Inc. (the "Lender'') of the same date and covcrmg the property descnbed m the Secunty Instrument and located at 710 South 23rd Street, Renton, WA 98055 (Property Address] THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE TIIE BORROWER MUST PAY. ADDITIONAL COVENANTS. In add.:it.J.on to the covenants and agrecmen~ made m the Sec1mty Instrument, Borrower and Lender further covenant and agree as follows A. INTEREST RATE A.'ID MONTHLY PAYMENT CHANGES The Note provides for an 1mhal mterest rate of 5.625% The Note proYides for changes m tbe mterest rate and the monthly payments, as follows 4. INTEREST RATE AND MONTHLY PAYMENT CHANGES {A) Change Dates The mterest rate I mll pay may change on the first day of Oc.tober, 2006, and on that day every sixth. month thereafter Each date on wh1cb my mterest rate could change is called a "Change Date» (B) The Index Begmmng with the first Change Date, my interest rate will be based on an Index The "Index'" rs tbe average ofmterbank offered rates for SIX-month US dollar-denommated deposrts m the London market ("LIBOR''), as pubhshed m The Wall Street Journal Th°?' recent Index 1ru11a1s lfJ; J.L D MuJt!sm.teAdJust:able Rate Rider (Ll.BOR ]11dex}-Smg!e Fam1!y-Freddte Mac UNIFORM INSTRUMENT Fomt. 3192 1/lll -IHE c~=~~~ ~c-lll!lllll!HI 11'i1~ill~llllllffl!ll!!lllllllf T~~~~~~~ G P M W D Q O 8 2 4 7 8 ~ 3 g 1 1 7 KING,WA Document: IDD 2003.0930003049 Page 16 of 19 Printed on 6/22/2006 9:35:40 AM Provided by Data Trace System Ti .ficer: 1 Order: 6373570 Comment: 20030930003049.017 figure available as of the first busmess day of the month 1mmed1ately precedmg the month m wb1cb the Change Date occurs 1s called the "Current Index" If the Index 1s no longer available, the Note Holder will choose a new mdex that 1s based upon comparable mfom:iation The Note Holder will gIVe me notice of this choice (C) Calculation of Ch2nges Before each Change Date, the Note Holder 'WI.11 calculate my new mterest rate by addmg Two and 250/IOOOths percentage points (2.250%) to the Current Index The Note Holder will then round the result of this addition to the nearest one~e1ghth of one perceotage pomt (0 125%) SubJeCt to the hnnts stated m Section 4(D) below, this rounded amount WJ11 be my new mterest rate UDtll the next Change Date The Note Holder will then detmnme the amount of the monthly payment that would be sufficient to repay the unpaid pnnc1pal that I am expected to owe at the Change Date m full on the maturity date at my new mterest rate 1r. &ubstant..Jally equal payments Tbe result of thls calculabon WJ11 be the new amount of my monthly payment (D) limits on Interest Rate Changes The mterest rate I am reqmred to pay at :the first Change Date wdl not be greater than 10.625% or less than 2.250% Thereillet, my interest rate will never be mcreased or decreased on any smgle Change Date by more than one percentage point (l %) from the rate of mterest I have been paymg for tbeprecedmg six months My mterestratevnJl never be greatertban ll.625% (E) Effective Date of Changes Mynewmterestrate Wlll become effective on each Change Date I will pay the amouat of my new monthly payment begmrung on the first monthly payment date after the Change Date until the amount of my monthly payment changes agam (F) Notice of Changes The Note Holder will dehver or mall to me a notice of any changesm my mterestrate and the amount of my monthly payment befure the effect.IYe date of any change The notice WIJl mclude mformatJ.on required by law to be g:::ven to :oe and also the trtle and telephone number of a person who will answer any question I may have regardmg tbe notlce B. TRANSFER OF 11!.E PROPERTY ORA BENEFICIAL INTEREST IN BORROWER Uruform Covenant 18 of the Secunty Instrument 1s amended to read as follows Transfer of the Property or a Beneficial Interest in Borrower. AB used m this SectJon 18, "Interest m the hoperty"' means any legal or beneficial mterc::st in the Property, mc:tudmg, but not hm1ted to, those beneficial mterests transferred m a bond for lmtJals ~ J2UJ Mltl:bmte AdJ11stable Rate Rider (LIBOR lndex)-Swgle Family-Fredche Mat UNIFORM INSTRUMENT Form 31511 1/01 -THE~~=~~INC-1~m1111111111imi1~11n11111111m11111rr·~-~~~ GP1AW00Cf247ll33D117 KING,WA Document: IDD 2003.0930003049 Pagel7ofl9 Printed on 6/22/2006 9:35:41 AM Provided by Data Trace System 1 Jfficer: 1 Order: 6373570 Comment: deed, contract for deed, msta11me:::it safos contract or escrow agreement, the mteiit of which ts the transfer of title by Borrower at a future date to a purchaser If all or any part of the Property or any Interest m the Property ts sold or transferred ( or if a Borrower 1s not a natural person and a beneficial mterest 10 Borrower 1s sold or transferred) Without Lender's pnor wntten consent, Lender may require immediate payment rn full of all sums secured by this Security Instrument However1 tb1s optJon shall not be exercised by Lender 1f such exercise 1s prohlb1ted by Apphcable Law Lender also shall not exercise this option if (a) Borrower causes to be submitted to Lender mformatJ.on requued by Lender to evaluate the mtended transferee as 1f a new loan were bemg made to the transferee, and (b) Lender reasonably detemunes tba.t Lender's secunty will not be 1rnp.:nred by the loan assumption and that the nsk of a breach of any covenant or agreement m this Secunty Instrument ts acceptab]e to Lender To the extent permitted by Applicable Law, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption Lender may also requue the transferee to sign an assumption agreement that 1s acceptable to Lender and that obligates the transferee to keep all the promises and agreements made rn the Note and m this Secunty Instrument Borrower v.,ll contmue to be obligated under the Note and tlns Secunty Instrument unlei:;s Under releases Borrower m wntmg · · If Lender exerctses the option to requu-e Jmmediate payment ·m full, Lender shall give Borrower nonce of acceleration The notice sliall proVJ.de a penod of not less than 30 days from the date the not.lee is given m accordance with Sec:tion 15 wtthm which Borrower must pay aII sums secured by this Secunty Instrument If Borrower falls to pay these sums pnor to the exptrat1on of thts penod, Lender may mvoke any remroles pemntted by tins Secunty Instrument without further notice or demand on Borrower 20030930003049.018 Borrower accepts and agrees to the tenns and covenants contamed m tIDs (Seal) (Seal) KING,WA Document: TDD 2003.0930003049 Page 18 of 19 Printed on 6/22/2006 9:35:41 AM Provided by Data Trace System 1 Jfficer: l Order: 6373570 Comment: -Bo:-:cwcr ReneeLOtt ~ ~o<. (Seal) -Borrower 20030930003049.019 -Borrower (Seal) -Borrowa Mulnst:ate AdJUsfable Rate Rider (LIBOR lnde:l:}-Smgle Farruly-Fred(he Mac UNIFORMlNSl'RUMENT Form 3192 Il{ll ->mc~~~~~~~c-l~llllllllll!liiiii1~~!IIIIIIIIIIIIIIIIII[''~~ .. :~~= G P M W D O O 8 2 ' 7 6 3 3 0 1 1 7 KING,WA Document: TDD 2003.0930003049 Page 19of19 Printed on 6/22/2006 9:35:42 AM Provided by Data Trace System 1 Jfficer: 1 Order: 6373570 Comment: 20030930003051.001 111111111111111,,,-- 20030930003051 . RECORDING REQUESTED BY A,",TD When Recorded Return to: ~~1 T~TLleisus H.ee 09f3D/29e3 l6:e5 Mor-Equity, Inc. 600 N. Royal Ave. Evansville, IN 47715 KING COUNTY, UA SUBORDI1'ATION AGREEMENT #34492417 Mortgagors: Robert P. Ott and Renee L Ott Mortgagee: MorEquity, Inc. CHICAGO TITLE INS. CO REF# I\ l '31''H, -I Mortgage: Date: December 17, 2002 Date Recorded: December 23 2 2002 Pnncipal Amount: $ 21 500.00 Recording No. 20021223002590 County Recorded. King County Legal Descnptlon of Property.~~@ attaeHe.13 tlesex1pben Address of Property: 710 South 23'd Street Renton, \VA 98055 Lender (Requesting Subordination): G:reenpoint Mortgage Funding, lnc. KN'OW ALL MEN BY THESE PRESENTS, that Mortgagee, on the date set forth ~low, for valuable cons1deratJon paid to 1t m hand, the recei.pt ofwhlch 1S hereby aclmowledged, hereby agrees that certam Mortgage given by Mortgagors wJuch JS more fully descnbed above, a legal descnptlon ofwh.Jch 1s attached hereto as Exh1b1t A, which Mortgage constitutes a hen upon the Property above, shall hereafter be subordmate m hen, pnonty and d1stnbutlon to the followwg Mortgage held by Lender narneC. above, no! exceeding the follo'Wlllg prmc1pal amount and interest rate. Principal Amount$ 172,000.0Q Dated: ___ _ Book: Page: Interest Rate; % (per year) County Recorded , ::Z.00"3 bq '?o O O ?O '1 9 FURTHER, 111s expressly understood and agreed that tlns Subordination Agreement shall not apply to any -:-efinancing, renewal or extension of the Mortgage from Mortgagors to Lender. Agreed to on tlus Q--, 0 (\ _ ----F--. Mortgagee: rEq Attest: »2::::±:t Q \L..LJ{V:::i 1tle· Assist V1ce-President, State oflndi O Connty of Vanderburgh .,..:..._>f- On this day, September ~ 2003, before me, the undersigned ind1V1dual, personally appeared J.A Kryanak , personally lmown to me, who acknowledged lwnselfto be the Assistant V1ce-Pres1dent of Mortgage Operations ofMorEqwty, Inc_, and that he, as such, bemg authonzed to do so, executed the foregomg instnnnent for the purposes therew contamed by s1grung the name of the corporatton by himself under the btle m&.cated ~!Af WH~F, I have hereunto set my band and official seal -,, ( , co--2-( ---__.-_ t;.~_El.!b~1~.-) · -y;· ..-_.:c~;.f-~:oe·~yp.9:mrn1ss1on Eo/.rres. -- ~In --£7/e 11 Jor-t: (Pnnted Name) p -...? /-..Z<>o_:7·;:."::·~;f--··,:_ ,·_v_. ·" ··· .. '!-, ,. , . .; .--,.,.r \ ·. • { i( \ .,J/.._ \ ... \~ . ' .. ,:·... .. cf). / ~ {, :;.:_/Q't"i"°·.~ ,• .. , ........... ,. KING,WA Document: SUB MTG 2003.0930003051 Printed on 6/22/2006 9:35:42 AM Provided by Data Trace System Page I ofl